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2011 Union budget of India
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2011 Union budget of India : ウィキペディア英語版
2011 Union budget of India

The Union Budget of India for 2011–2012 was present by Pranab Mukherjee, the Finance Minister of India on 28 February 2011. This budgetary proposals would be applicable from 1 April 2011 to 31 March 2012.
== Highlights ==

Some salient features〔(【引用サイトリンク】title=Union Budget & Economic Survey )〕〔(【引用サイトリンク】title=Union Budget 2011: FM pushes for affordable homes; full tax rebate to builders – The Times of India )〕〔(【引用サイトリンク】title=Highlights of Union Budget 2011–2012 – The Times of India )
* Individual income tax exempt slab increased from 160,000 to 180,000.
* Food inflation, corruption still a concern
* Targets: To keep inflation at 5%, fiscal deficit at 4.6% while fiscal deficit for previous year was 5.1%, revenue deficit at 1.8%.Indian economy expected to grow at 9%.
* Overall social sector spending up by 17%, education spending up by 24%.
* Direct transfer of subsidy for BPL people for kerosene and LPG
* Govt provides subsidy on food, electricity to provide for the common man. This to continue
* FDI Policy: All procedures consolidated as a single document
* SEBI-registered mutual funds can accept foreign investors
* FII investment in corporate bonds will be raised to USD 40 billion
* Legislative amendments in Banking Laws soon
* to Public sector banks to maintain CRAR (Capital to Risk Weighted Assets Ratio)
* Women SHG development fund to be set up
* Rural Infrastructure Development fund to be raised
* to NABARD for textile development
* 15 mega food parks for vegetables
* 9 billion towards pulses, protein production
* 107 cold storage project has been approved to minimise food wastage. Cold storage will be recognised as infrastructure sub-sector
* Tax free bonds of for infrastructure building in roadways, railways
* National Mission for Electric and Hybrid vehicle to be launched
* Self-assessment in customs to be introduced
* Seven mega leather clusters will be set up, Jodhpur to have handicraft mega cluster
* Govt put into operation 5-point agenda with legislation to curb black money, 11 tax information exchange treaty signed
* A comprehensive national policy in narcotic drug trafficking in near future
* for food security. This forms 36 per cent of budget allocation
* for various schemes on rural development
* Telecom connectivity to all panchayats
* Anganwadi workers will get higher remuneration of 3000 per month. 1500 for Anganwadi helpers
* allocated for education
* for primary education to implement free and compulsory education for children
* National Knowledge Network will link 1500 institutes by 2012
* 5 billion+ to various Universities across the country
* 5 billion for National Skill Development Fund
* Eligibility of old age pension for BPL reduced to 60 years. Pension amount for people aged above 80 years increased to 500
* for Judiciary
* Caste based census will be carried out as a separate exercise in June 2011
* 80 years above will come under very senior citizen – a new category with tax exemption up to 500,000
* MAT increased to 18.5%
* Concessional excise duty of 10% for hybrid vehicles
* Customs duty on solar lanterns reduced to 5 per cent
* Nominal one per cent central excise duty on 130 items entering the tax net. Earlier there were 370 items which were under the bracket of state VAT but were exempted from Central Excise. Out of these 130 come under the bracket from now. Rest are expected to be included from the induction of GST
* Defence budget hiked to

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