High Lights of Union Budget 2014-15

union budget 2014-15





By Accommodation Times News Service

12:28:39 pm Rs 990 cr for socio economic development of villages along borders

12:28:19 pm FM announces Rs 100 cr for development of Archaeological sites. Gaya to be developed as world class tourism spot

12:26:39 pm Propose to set aside Rs 50 cr for construction of National Police Memorial

12:20:51 pm Banks will be encouraged to give loans to INFRA sector

12:16:22 pm Propose scheme for development of airports in Tier I, II cities

12:16:14 pm Propose work on express way parallel to Indl corridors

12:14:36 pm NHAI to target 8,000 kms of road development in FY15

12:13:05 pm New & renewable energy deserves high priority; Ultra modern power projects to be taken up in Rajasthan,Tamil Nadu, Ladakh with Rs 500 cr

12:12:46 pm Proposes Rs 37,850 cr investment in NHAI and state road projects

12:10:53 pm 16 new port projects to be awarded in FY15

12:09:38 pm New airports to be developed through PPP mode

12:08:44 pm Infrastructre Investment Trust being set up to finance infra projects and reduce burden on banks

12:06:37 pm India has emerged as the largest PPP market in the world

12:02:26 pm Effective steps to be taken to revive SEZs

12:02:06 pm Proposes Rs 5,000 cr fund for fresh warehousing capacity

12:01:44 pm To set up Industrial Smart Cities in 7 cities

12:01:32 pm Allocate Rs 500 cr for farm warehousing plan

12:01:28 pm Allocate Rs 100 cr for agri infra fund

11:47:35 am Plans for Rs 50,000 cr for Municipal Debt Management for INFRA

11:45:30 am Slum development to be included in Corporate Social Responsibility activities

11:45:10 am FM announces development of Metro rails in PPP mode; Rs. 100 cr set aside for metro scheme in Ahmedabad and Lucknow

11:44: 56 am: housing loan interest deduction limit raised by Rs. 50,000

11:44:55 am Mission for low cost housing proposed to incentivise development of low cost housing; Rs. 400 cr announced

11:43:58 am Banks, Infra and PSE worst hit

11:42:47 am Mission for low cost housing proposed to incentivise development of low cost housing; Rs. 400 cr announced

11:41:50 am Rs 4,000 for National Housing Bank

11:40:29 am Infra investment trust to be set up to securitize infra projects

11:33:54 am FM proposes National Housing Banking programme; sets aside Rs. 8000 cr for this prog

11:29:25 am To give Rs 7,060 cr to develop 100 smart cities

11:21:27 am Pass-through status for REITs

11:20:13 am As large number of people migrate to cities, unless new cities are developed the present would become unliveable

11:17:42 am  FM  proposes measures to encourage development of smart cities

11:16:56 am  India needs boost in manufacturing sector

11:15:44 am Transfer pricing is major area for litigation; proposes changes in transfer pricing regulation

11:13:22 am Need to revive growth in infra and manufacturing  sector



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