8.12.2014
Finance Minister tabled the first batch of supplementary demands for grants for 2014-15 for an amount of Rs. 12,529,48 crore. The additional amount is mainly for fertilizer subsidy and subscription to IMF and African Development Bank.
http://economictimes.indiatimes.com/news/economy/finance/govt-seeks-par-nod-for-additional-rs-12529-cr-spending/articleshow/45414324.cms
Letter on Supplementary grants
http://finmin.nic.in/the_ministry/dept_eco_affairs/budget/SDletter250914.pdf
Live Rajya Sabha TV - Budget address
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All Budget documents
http://indiabudget.nic.in/ub2014-15/
Gross Tax receipts seen at 13.64 lakh crores
2014-2015
Non-Plan Expenditure 2014-15
Major Items
1. INTEREST PAYMENTS AND DEBT SERVICING
(` 4,27,011.38 crore)
2. DEFENCE (` 2,29,000 crore)
3.1 MAJOR SUBSIDIES (` 2,51,397.25 crore)
3.2 Interest subsidies (` 8,312.88 crore) :
3.3 Other Subsidies (`947.49 crore)
4. ASSISTANCE TO STATES FROM NATIONAL DISASTER RESPONSE FUND (` 5,050 crore)
7. POSTAL DEFICIT (` 6,907.76 crore)
8. 8. REIMBURSEMENT OF LOSSES TO RAILWAYS ON OPERATING STRATEGIC LINES (` 640 crore)
9. SUBSIDIES TO RAILWAYS FOR DIVIDEND RELIEF AND OTHER CONCESSIONS (` 4,059.30 crore)
10. GENERAL SERVICES
11. SOCIAL SERVICES
12. ECONOMIC SERVICES
13. NON-PLAN GRANTS TO STATE GOVERNMENTS (` 69,084.09 crore)
14. NON-PLAN GRANTS TO UNION TERRITORY GOVERNMENTS (` 851.42 crore)
15. GRANTS TO FOREIGN GOVERNMENTS (` 4,320.34 crore)
16. NON-PLAN CAPITAL OUTLAY (EXCLUDING DEFENCE) (` 10,038.98 crore)
18. NON-PLAN LOANS TO UNION TERRITORY GOVERNMENTS (` 72 crore)
19. NON-PLAN GRANTS AND LOANS TO PUBLIC ENTERPRISES (` 580.79 crore)
22. NON-PLAN EXPENDITURE OF UNION TERRITORIES WITHOUT LEGISLATURE (` 4,402.01 crore)
For details see: http://indiabudget.nic.in/ub2014-15/eb/npe.pdf
Highlights of Plan 2014-2015
Monitoring of Plan SchemesGovernment restructured the Centrally Sponsored Schemes (CSS) from BE 2014-15 (Plan). Accordingly,
126 CSS have been restructured in 66 schemes which include 17 flagship programmes. In BE 2014-15, funds have been provided under these schemes as Additional Central Assistance to State Plan. A much higher allocation of `3,38,408 crore in State Plan 2014-15 against BE 2013-14 of 1,36,254 crore reflects this change.
Amounts are in rupees crores
RURAL DEVELOPMENT
Mahatma Gandhi National Rural Employment Guarantee
Scheme
http://nrega.nic.in/netnrega/home.aspx
34000 - for providing a legal guarantee of 100 days of wage employment in a financial year to every rural
household whose adult members volunteer to do unskilled manual work with focus on asset creation.
100 - For Shyama Prasad Mukherji ‘RURBAN’ mission to provide urban infrastructure in the Rural areas.
Aajeevika
4000 - for reducing poverty by enabling the poor households to access gainful self-employment and
skilled wage employment opportunities.
100 - for Village entrepreneurship start up programme.
Rural Housing
16000 - for providing assistance to rural BPL households for construction of houses and upgradation of kutcha houses under Indira Awaas Yojana. 60% of the total allocation is for construction of houses for BPL
families of SCs/STs.
Pradhan Mantri Gram Sadak Yojana
14391 - for providing connectivity to eligible unconnected rural habitations through good all-weather roads.
The systematic upgradation of existing rural roads is also an essential component of the scheme.
National Social Assistance Programme
10635 - for ensuring minimum national standard for social assistance to poor in addition to the benefits that
States are providing.
DRINKING WATER SUPPLY & SANITATION
11000 - for supplementing the States in their effort to provide safe drinking water to all rural habitations.
4260 - for rural sanitation.
LAND RESOURCES
2142 - for Neeranchal programme of Integrated Watershed Management.
250 - for National Land Records Modernisation Programme.
AGRICULTURE AND COOPERATION
9954 for Rashtriya Krishi Vikas Yojana (State Plan).
2823 for National Crop Insurance Programme.
500 for ‘Price Stabilisation Fund’ for cereals and vegetables.
100 for Soil health card.
100 for development of National agricultural technology.infrastructure.
1550 for National Mission for Sustainable Agriculture.
ANIMAL HUSBANDRY, DAIRYING AND FISHERIES
50 for development of indigenous breeds.
304 for National Livestock Mission.
50 for Blue revolution – development of inland fisheries.
230 for Dairy Entrepreneurship Development Scheme.
AGRICULTURAL RESEARCH AND EDUCATION
600 for Agricultural Extension programmes to disseminate frontline technologies.
550 for Agricultural Education to improve the quality of human resource, upgrade infrastructure and
educational reforms.
100 for ‘National Adaptation Fund’.
100 for new Agriculture University.
100 for new Horticulture University.
FOOD AND PUBLIC DISTRIBUTION
181 for construction of Godowns by Food Corporation of India/State Governments.
160 for construction of warehousing capacity.
128 for computerization of Public Distribution System operations.
ENVIRONMENT AND FORESTS
1169 for Forestry (National Afforestation and Eco´ Development) and Wild Life.
100 for National mission on Himalayan studies.
MICRO, SMALL AND MEDIUM ENTERPRISES
1418 for Prime Minister’s Employment Generation Programme.
150 for development of Technology centres network.
200 for creating India innovation, entrepreneurship and agro-industry fund.
CONSUMER AFFAIRS
130 - for Consumer Awareness and Consumer Protection.
SCHOOL EDUCATION AND LITERACY
28258 for Sarva Shiksha Abhiyan.
13215 for National Programme of Mid Day Meals in Schools.
5000 for Rashtriya Madhyamik Shiksha Abhiyan.
100 for Madarassa modernization.
500 Pt. M.M. Malviya “Teachers Training Programme” for preparing teaching staff of global standards.
30 for School assessment programme.
HIGHER EDUCATION
500 for setting up new IITs/IIMs including upgradation.
100 for Jai Prakash Narayan “National centre for excellence in Humanities”.
100 for setting up virtual classrooms and online courses.
2200 for Rashtriya Uchha Shiksha Abhiyan.
WOMEN AND CHILD DEVELOPMENT
18691 for Integrated Child Development Services.
-100 for ‘Beti bachao Beti padhao’ campaign.
-715 for National Mission for Empowerment of Women.
-400 for Integrated Child Protection Scheme.
INFORMATION TECHNOLOGY
500 for ‘Digital India’ programme
755 for National e-Governance Action Plan.
* -100 for programme on Good governance and Best
practices.
* -100 for enabling schools with virtual classrooms.
TELECOMMUNICATIONS
-3537 for schemes under Universal Service Obligation
Fund and National Optical Fibre Network.
-3065 for OFC based Network for Defence Services.
HEALTH AND FAMILY WELFARE
500 for setting up new AIIMS.
21912 for National Health Mission.
AYUSH
-170 for development of Ayurveda system.
-103 for development of Unani system.
91 for development of Homoeopathy system.
-47 for development of Yoga and Naturopathy system.
INFORMATION AND BROADCASTING
100 - for Kisan Channel.
URBAN DEVELOPMENT
7060 for mission on developing 100 Smart cities.
2420 for equity investment in Metro Rail Projects including Ahmedabad and Lucknow.
200 for development of National Heritage cities.
ROAD TRANSPORT AND HIGHWAYS
9000 Internal and Extra Budgetary Resources for National Highways Authority of India.
15014 Investment of National Highways Authority of India including Remittance of Toll.
3000 Special Accelerated Road Development Programme for North East Region.
50 for the Scheme on Women Safety on Public Road Transport from Nirbhaya Fund.
POWER
500 for Deen Dayal Upadhyaya Feeder Separation Scheme.
1261 for Restructured Accelerated Power Development and Reforms Programme.
200 for Power Sector Support to NCT of Delhi.
5144 for Rajiv Gandhi Grameen Vidyutikaran Yojana.
TEXTILES
2300 for Technology Upgradation Fund Scheme.
-50 for Handloom museum, and Trade facilitation centre in Varanasi.
-30 for setting up Hast Kala Academy in Delhi.
-20 for development of other crafts in J&K.
-30 for Pashmina Wool development Programme.
-200 for setting up 5 mega clusters.
SOCIAL JUSTICE AND EMPOWERMENT
1500 for Post-Matric scholarship for Scheduled Castes (about 55 lakh students).
785 for Post-Matric scholarship for Other Backward Classes (about 25 lakh beneficiaries).
DISABILITY AFFAIRS
110 for Aids and Appliances for Handicapped (about 2.80 lakh beneficiaries).
TRIBAL AFFAIRS
-1058 for Umbrella Scheme for Education of Scheduled Tribe children.
-100 for Van Bandhu Kalyan Yojana.
DEVELOPMENT OF NORTH EASTERN REGION
-200 for NE Roads Corporation for speedy development of roads in NE areas.
100 for promotion of Organic Farming in NE States.
MINORITY AFFAIRS
-1250 for Multi-Sectoral Development Programmes for Minorities.
-1100 for Pre-Matric Scholarship for Minorities.
HOME AFFAIRS
1744 for National Scheme for Modernisation of Police and Other Forces.
-150 for backend integration of distress signal from victims with police mobile vans and control rooms (from
Nirbhaya fund).
50 for Police Memorial.
SCIENCE AND TECHNOLOGY
-600 for Science & Engineering Research Board.
-495 for Alliance and R&D Mission.
-300 for multi-disciplinary research in frontier areas of Science & Technology (Research and Development
Support).
-125 for Technical Research Centres.
SPACE
-433 for GSAT-16 Satellite - Launch Services.
-390 for PSLV-C Project.
-378 for GSAT-15 Satellite - Launch Services.
-204 for GSLV - Operational (including Mk-III Operational).
-180 for GSLV Mk-III Development.
CIVIL AVIATION
* -6500 for equity infusion in Air India Limited.
ATOMIC ENERGY
-3430 for Research and Development.
-1289 for Industries Sector Projects.
-191 for Minerals Sector Projects.
-150 for Investment in Uranium Corporation of India.
NUCLEAR POWER
-440 for investment in Bharatiya Nabhikiya Vidyut Nigam Ltd.
181 for investment in Nuclear Power Corporation of India Limited.
EARTH SCIENCES
-200 for strengthening research facilities for the Polar Sciences and Cryosphere activities.
190 for augmentation, operation and maintenance of Atmospheric Observation Systems Network to
|improve operational weather services and monsoon forecast.
-105 for strengthening capacity building and promote extramural research.
SPORTS
200 for the scheme of enhancement of Sports facilities at Jammu & Kashmir.
-100 for the scheme of Young Leaders Programme.
100 for the scheme of Sports University in North East.
50 for National sports talent search programme.
100 for training of Asian Games probables.
CULTURE
-328 for Archaeological Survey of India.
-200 for financial assistance to National project of Statue of Unity.
PHARMACEUTICALS
-87 for 8 National Institute of Pharmaceutical Education and Research (NIPER).
* -5900 for Backward Regions Grants Fund.
INDUSTRY
-693 for Grants to Delhi Mumbai Industrial Corridor Project including Exhibition-cum-Convention Centre
at Dwarka, New Delhi.
-200 for Indian Leather Development Programme.
-100 for National Industrial Corridor Development Authority.
POSTS
-506 for IT induction and modernisation.
FINANCE
-11200 for recapitalisation of Public Sector Banks to help them maintain comfortable level of CRAR in
compliance with Basel III norms.
1300 for equity support to EXIM Bank to increase its paid up capital.
-600 for equity support to IIFCL to increase its paid up capital.
500 for implementation of PPPP.
500 for assistance to National Credit Guarantee Trustee Company to set up a Credit Guarantee Fund for Skill Development.
435 for providing implementation of the National Skill Certification and Rewards Scheme (Standard
Training Assessment and Reward) [STAR].
WATER RESOURCES
-1000 for ‘Pradhan Mantri Krishi Sichai Yojna’.
-1500 for National Ganga Plan.
100 for DPR of interlinking of rivers.
100 for River front development.
SHIPPING
-60 for building barrages along Inland waterways.
TOURISM
500 for 5 tourism circuits.
-100 National Mission for beautifying pilgrimage centres.
NEW AND RENEWABLE ENERGY
-500 for Solar energy parks.
-100 for Solar parks near irrigation canals.
-400 for Solar pumps scheme.
LABOUR AND EMPLOYMENT
50 for modernisation of employment exchanges into career centres.
Physical Targets
FERTILISERS
134.66 lakh MT of Nitrogenous Fertiliser production targeted.
49.51 lakh MT of Phosphatic Fertiliser production targeted.
COAL AND LIGNITE
630 million tones of domestic production of Coal has been estimated during 2014-15, which is projected to be met from Coal India Limited and others.
-25.60 million tones of Lignite production estimated during 2014-15.
STEEL
31.00 million tonnes of Iron ore production targeted by National Mineral Development Corporation Ltd.
18.32 million tones of saleable steel production by Steel Authority of India Ltd. and Rashtriya Ispat Nigam Ltd.targeted.
NEW AND RENEWABLE ENERGY
3770 MW Grid-interactive Power capacity addition from wind, small hydro, biomass power/cogeneration,
urban and industrial waste to energy and solar
power.
1.10 lakh - construction of family type Biogas plants.
RAILWAYS
2100 kilometers of track renewal.
1300 kilometers of electrification.
-450 kilometers of gauge conversion.
300 kilometers of new lines.
700 kilometers of doubling.
-625 locos additional manufacture.
Comments by Me
What is the additional investment in public sector units?
What is the additional investment in Railways?
What is the additional investment in Post and Telegraphs and other communication infrastructure?
What is the additional investment in National Highway infrastructure?
What is the additional investment in Airport infrastructure?
What is the additional investment in Port infrastructure?
What is the additional funds for research and development?
One does not see any increased allocation for merit scholar ships.
Interim Budget
SPENDING
* Plan expenditure for 2014/15 seen at 5.55 trillion rupees, the same level as the previous fiscal year
* Non plan spending estimated at about 12.08 trillion rupees in 2014/15
SUBSIDIES
* Total spending on food, fertilisers and fuel at 2.5 trillion rupees in 2014/15
* Food subsidy estimate: 1.15 trillion rupees, fertiliser subsidy: 679.71 billion rupees. Petroleum subsidy 634.27 billion rupees.
DEFENCE
* Spending raised to 2.24 trillion rupees in 2014/15, up 10 percent year on year.
EXPORTS
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