Budget 2013-2014

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“Kalangathu Kanda Vinaikkan Thulangkathu Thookkang Kadinthu Seyal” (What clearly eye discerns as right, with steadfast will And mind unslumbering, that should man fulfil) - Saint Tiruvalluvar Key Features of Budget 2013-2014 THE ECONOMY AND THE CHALLENGES Getting back to potential growth rate of 8 percent is the challenge facing the country. Slowdown in Indian economy has to be seen in the context of slowing global economic growth from 3.9 per cent in 2011 to 3.2 per cent in 2012. However, no reason for gloom or pessimism. Of the large countries of the world only China and Indonesia growing faster than India in 2012-13. In 2013-14, only China projected to grow faster than India. Between 2004 and 2008, and again in 2009-10 and 2010-11…show more content…
Allocation of ` 160 crore to the corpus of Maulana Azad Education Foundation to raise its corpus to ` 1,500 crore during 12th Plan period. Disabled Persons A sum of ` 110 crore to the Department of Disablity Affairs for ADIP scheme in 2013-14 against RE 2012-13 of ` 75 crore. 2 Health and Education Health for all and education to all remains priority. ` 37,330 crore allocated to the Ministry of Health & Family Welfare. New National Health Mission will get an allocation of ` 21,239 crore. ` 4,727 crore for medical education, training and research. ` 150 crore provided for National Programme for the Health Care of Elderly. Ayurveda, Unani, Siddha and Homoeopathy are being mainstreamed. Allocation of ` 1,069 crore to Department of AYUSH. ` 1,650 crore allocated for six AIIMS-like institutions. Allocation of ` 65,867 crore to the Ministry of Human Resource Development, an increase of 17 perent over the RE of the current year. ` 27,258 crore provided for Sarva Shiksha Abhiyaan (SSA). An increase of 25.6 per cent over RE of the current year for investments in Rashtriya Madhyamik Shiksha Abhiyan (RMSA). ` 5,284 crore allocated to Ministries/Departments in 2013-14 for scholarships to students belonging to SC, ST, OBC, Minorities and girl children. Mid Day Meal Scheme (MDM) to be provided ` 13,215 crore. Government committed to the creation of Nalanda University as a centre of educational excellence. ICDS ` 17,700 crore allocated for ICDS
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