Union budget: 2014-15
BUDGET DOCUMENTS
- Key to Budget Documents
- Budget Highlights (Key Features)
- Budget Speech
- Budget at a Glance
- Annual Financial Statement
- Finance Bill
- Memorandum
- Receipt Budget
- Expenditure Budget
- Customs & Central Excise
- The Macro Economic Framework Statement
- The Medium Term Fiscal Policy Statement
- The Fiscal Policy Strategy Statement
- Statement of Revenue Foregone
- Implementation of Budget Announcements 2014-2015
- Implementation of Budget Announcements
DETAILED BUDGET HIGHLIGHTS
- Union Budget 2014-15: Plan allocation up 26.9% at Rs5,75,000 crore
- Budget 2014-15: Jaitley vows growth with fiscal prudence
- Highlights of Union Budget 2014-15
SECTORS
- Budget aims at increasing investment and credit flow to agriculture
- Micro, small and medium enterprises sector to be strengthened
- Government makes higher allocations for rural roads and water sectors
- Union Budget 2014-15: Electronics industry to gain from cut in basic custom duty
- Union Budget 2014-15: Rs500 crore to create five tourist circuits, focus on religious, heritage cities
- Union Budget 2014-15: Government proposes �Digital India� programme to bridge the divide
- Union Budget 2014-15: Government to spend Rs50,000 crore for urban areas development; Rs100 crore allocated for Lucknow and Ahmedabad metro projects
- Union Budget 2014-15: Defence ministry to get Rs229,000 crore for modernisation
- Union Budget 2014-15: Centre to set up 15 model rural health centres in states
- FM allocates Rs1,000 crore to improve irrigation facilities
- Public sector banks to get Rs240,000 crore by 2018
REACTIONS
- Fertiliser subsidy backlog may decline
- Emphasises reducing fuel subsidies
- Boosts large scale township development projects
- Insurance FDI hike to attract more investments
- Welcome focus on chemicals, petrochemicals
- Positive impact on the port sector expected
- Proactively boosts private investment in infrastructure
- Augurs well for fertilisers
- Carries heavy imprint of the bureaucracy
- Set for digital transformation
- Carries heavy imprint of the bureaucracy
- Prudent and cautious; seeks to spur growth
- Will boost power generation from renewables
- Focuses on speed, scale and skill
- Constructive moves on insurance
- Impact negative on stressed oil and gas sector
- Significant focus on real estate and infrastructure
- Boost for tourism
- Will help revive real estate
- Nothing specific that is positive for mutual funds
- Excellent initiatives on the health front
- FM has set the ball rolling
COMMENT
- Power sector can boost high growth: Tata Power
- Budget with clear roadmap for infrastructure
- Commentary: Budget not to affect ratings: S&P
- Supports business sentiment
- Growth-oriented and investors-friendly
- Budget a positive step ahead: CII
- The government acknowledges the housing deficit
- A mixed bag for transport and logistics
- Pro-tourism strategic vision
- Limited direct offering for MFs
SPECIAL REPORTS
- Modi budget will lead to prosperity, Indian business honchos tell US
- Jaitley announces sops for food processing, relief to wind energy units
- Tax top in Crisil social media analytics on Budget day in the South, FDI, defence in the north
- Union Budget 20014-15: Basic custom duty on select items reduced to support domestic production
- Financial Inclusion Mission to provide households with banking services
- Union Budget 2014-15: Budget below market expectations
- Institute proposed to provide support to mainstreaming PPPs
- Government committed to early GST implementation: Jaitley
- Union Budget 2014-15: Increse in excise duty on cigarette, pan masala
- Union Budget 2014-15: Government to set up agricultural and horticulture universities
- Union Budget 2014-15: FM offers relief to tax payers; raises limit by Rs50,000
- Union Budget 2014-15: Legislative and administrative changes proposed to reduce litigation in direct taxes
- Union Budget 2014-15: Centre plans five new IITs and IIMs in states
- Union Budget 2014-15: Rs200-crore sports stadiums for J&K; Rs100-crore sports university for Manipur
- Union Budget 2014-15: Steps to promote foreign direct investment in select sectors
- Union Budget 2014-15: Expenditure Management Commission to be set up to evaluate expenditure reforms
- Union Budget 2014-15: FM to allocate Rs7,060 crore for development of 100 smart cities
- Budget 2014: FM announces 49% FDI in defence and insurance sectors