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What is Union Budget 2011 Highlights and Impacts about?

Union Budget 2011 was presented by Finance Minister Pranab Mukherjee. It projected revenue of Rs. 9,32,440 crore, a 24% increase. Expenditure was estimated at Rs. 12,57,729 crore, up 13.4%. Inflation remained a key concern. Agriculture support was increased through higher farm loans and credit. Social spending was raised 17% by increasing anganwadi worker pay and pensions. The health budget saw a 20% rise while defense allocation increased 11%. Income tax exemption limits were raised and corporate tax surch

Author

ANKUR BARUA

Language

EN