Hello Friends,
The finance Minister presented Indian Union Budget for 2011-12
ignoring the needs of around 6 to 7% Indian population of persons with
disabilities. You can download budget speech in word format from the
following link for your ready reference.
Budget speech:
http://dl.dropbox.com/u/2843856/Indian%20union%20budget%20speech_2011-12.doc
With thanks and regards,
Janardhana Naidu.
On 2/28/11, sweety.bhalla <[email protected]> wrote:
>
> Union Budget 2011: Highlights so far
> Published on Mon, Feb 28, 2011 at 12:30 | Updated at Mon, Feb 28, 2011 at
> 13:11 | Source : Moneycontrol.com
>
> Finance minister Pranab Mukherjee outlined the theme of the budget by saying
> that food inflation is a key area of concern. He said that strong fiscal
> consolidation and enlarged resource base of private enterprise is necessary.
>
> "Simplifying administrative procedure for taxation important," he said in
> his opening remarks.
>
> Here are the latest updates:
>
> a.. Growth in 2010 has been broad based
> b.. Fiscal consolidation has been impressive
> c.. Food inflation still remains a concern
> d.. Have to ensure more stable macro economic environment
> e.. Need to improve supply response in agri sector
> f.. Budget is a transition towards transparent economy
> g.. Economy back to pre crisis growth trajectory
> h.. FY12 budget to be a transition towards more transparent administration
> i.. Do not forsee resources being a major constrain in medium-term
> j.. Corruption is a problem; need to fight it collectively
> k.. Govt is engaging in solving gaps in recent corporate governance
> l.. This year's budget is a transition to a more transparent system
> m.. Reaching the end of a remarkable fiscal year
> n.. Have been deeply conscious about improving governance
> o.. Indian economy expected to grow at 9% in FY12
> p.. Economy regained pre-crisis growth momentum
> q.. Expect inflation and CAD to be lower in 2011-2012
> r.. Average inflation and current account deficit to be lower and better
> managed next year
> s.. Economic growth seen at 8.75-9.25% in FY12
> t.. GDP in FY11 estimated to have grown at 8.6% in real terms
> u.. Current account deficit poses some concern
> v.. See average inflation lower In FY12
> w.. Current account concern due to composition of FX flows
> x.. 'Corruption is a problem; must fight it collectively'
> y.. Impression of drift in govt 'misplaced'
> z.. Taking steps to simplify tax, tariff procedures
> aa.. See FY11 farm growth at 5.4%, GDP growth at 8.6%
> ab.. FY11 industrial growth seen at 8.1%, services growth at 9.6%
> ac.. High gap between wholesale, retail prices 'unacceptable'
> ad.. MF can accept subscription foreign investors who meet KYC norms
> ae.. Discussions underway to relax FDI policy
> af.. To introduce Public Debt AMC of India Bill in FY12
> ag.. Divestment in FY12 seen at Rs 40000cr
> ah.. Preparations for GST rollout in final stages
> ai.. Will introduce GST Bill in current session
> aj.. Govt will move to direct transfer of fertiliser subsidy to cos
> ak.. Extension of NBS to cover urea under review
> al.. Significant progress on the GST network
> am.. Direct Tax Code will be effective April 1, 2012
> an.. New Public debt mgmt bill to be introduced in Parliament soon
> ao.. DTC will be finalised in 2011
> ap.. Govt in the process of setting up independent debt managing committee
> within finance ministry
> aq.. Average inflation and current account deficit to be lower and better
> managed next yr
> ar.. Expect inflation and CAD to be lower in 2011-2012
> as.. Current account deficit poses concerns due to its composition
> at.. Exports grown by 29.4%; imports grown by 17.6%
> au.. Current account deficit at 2009-10 levels
> av.. Impact of monetary tightening to show up with a lag
> aw.. Huge differences between wholesale and retail prices not acceptable
> ax.. Expect RBI to moderate inflation in coming months
> ay.. Shortfalls in distribution and marketing systems in food
> az.. Economy has shown resilience to external and internal shocks
> ba.. Consumers have been denied a seasonal fall in food prices
>
> (Sweety Bhalla)
> Assistant Manager (Compliance)
> IFCI LTD
> New Delhi India
> E-Mail: [email protected]
>
>
>
> =======
> Email scanned by PC Tools - No viruses or spyware found.
> (Email Guard: 7.0.0.18, Virus/Spyware Database: 6.17000)
> http://www.pctools.com/
> =======
>
> *****************************************************************************
> Disclaimer
> This e-mail contains PRIVILEGED AND CONFIDENTIAL INFORMATION intended
> solely for the use of the addressee(s). If you are not the intended
> recipient, please notify the sender by e-mail and delete the original
> message. Further, you are advised not to copy, disclose, or distribute
> this e-mail or its contents to any other person and any such actions will
> be deemed unlawful. This e-mail may contain viruses/spyware/malware.
> IFCI Ltd has taken every reasonable precaution to minimize this risk, but
> is not liable for any damage that may be sustained as a result of any
> virus/spyware/malware in this e-mail. It is advised to carry out your own
> virus checks before opening the e-mail or attachment. IFCI Ltd reserves
> the right to monitor and review the content of all messages sent to or
> from this e-mail address. Messages sent to or from this e-mail address
> may be stored on the IFCI Ltd e-mail system.
> *****************************************************************************
>
> Get numbers right this time, help the census with correct disability info!
> Question 9 relates to disability.
>
