The Indian Budget - 2010

On 26/2/2010 Pranab Mukherjee enter the budget for2010-11. 


Some details of this budget are

FY11 net service	Rs 3,000 cr
Service tax(GDP ratio)	1%
Excise revenues grow to	Rs 43,500 cr
Customs duty on silver	Rs 1500/kg
Petrol	go up by Rs 2.67 a litre
Direct tax receipts	Rs 56,000 cr
woman farmer fund scheme	Rs 100 cr
Indira Awaas Yojana	Rs 10,000 cr
NREGA allocation	40,100 crore
Health allocation	22,300 crore
Social sector	Rs 1.37 lakh cr
Rural development allocation	Rs 61,000 cr
infrastructure	Rs 1.73 lakh
Road development allocation	Rs 19484 cr
agriculture impetus	Rs 300 cr

Income tax details are

Grow rate	amount
30%	Rs 8 lakh and above
20%	Rs 5 - Rs 8 lakh
10%	Rs 1.6 - Rs 5 lakh
no	Rs 1.6 lakh

After announcing budget the sen-sex rate is

Market responds positively, Sensex up 300 pts

     In this budget  there is no good allocation for education, science and technology, for Industry development, for Agriculture.

There must be necessity to development of our Indian Science. Recently Obama told about the competition between our Indian scientists and American scientists. Once again remember those words. So we Must be Considered that.