Indian Budget-2014-15, How it impact our Indian GDP.

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rahulu2821
Posts: 12
Joined: Sat Jul 05, 2014 12:55 pm

Re: Indian Budget-2014-15, How it impact our Indian GDP.

#1 Postby rahulu2821 » Mon Jul 21, 2014 10:48 pm

Well about the budget 2014/15 all i want to say is this budget is OK rated in my opinion. Exemption in the tax, raise in FDI in defense sector, and many more good moves.
But i just wanna grab attention in regards of THE GANGA CLEANING ACTION
In my opinion its nothing more than *.. 2000 Crores being spent on nothing more than an ILLUSION to gather a bunch of religious people in their vote bank.
You just simply can not clean the whole ganga river when people cant clean up their head. All you need is to inspire people to respect the holy Ganga river. And this budget allotment is nothing more than a huge chunk of money in the accounts of these politicians!!

Be aware people.. You dont always need to follow what these politician say!!

saketroy2
Posts: 175
Joined: Mon May 26, 2014 11:23 am

Re: Indian Budget-2014-15, How it impact our Indian GDP.

#2 Postby saketroy2 » Sat Jul 12, 2014 9:48 am

I found the budget quite satisfactory....less time to prepare for budget..many external factors combine together to give a thumbs up for budget.
Hike in manufacturing sectors allocation and FDI will help in generating jobs and also the self dependency. Lowering customs duty for raw materials ( Indirect taxes ) will also help domestic manufacturing.
River interlinking and Pradhanmantri sinchayee yojna are one of the most fascinating projects. However allocation of 200Cr to Unity Statue is not a good idea.

two more solar power projects in Rajasthan & Ladkah will lead to power dependency and jobs too.

Overall...quite good...

ISTTMpooja326
Posts: 109
Joined: Fri May 02, 2014 6:46 pm

Re: Indian Budget-2014-15, How it impact our Indian GDP.

#3 Postby ISTTMpooja326 » Sat Jul 12, 2014 8:23 am

Highlights of the budget plan for 2014-2015 in areas of agriculture, revenue, expenditure and FDI is below:

Estimates that the total expenditure will be 17.95 trillion rupees in 2014/15
Revenue deficit seen at 2.9 percent of GDP in 2014/15
Capital receipts seen at 739.5 billion rupees in 2014/15
Retains tax collection targets and makes no major changes to direct tax rates
Allocates 2.29 trillion rupees for defence spending in 2014/15; capital outlay raised by 50 billion rupees over interim budget
Earmarks 70.6 billion rupees to create 100 "smart cities"
Proposes 50 billion rupees for warehousing capacity; 100 billion rupees of private capital for start-up companies; and 378 billion rupees of investment in national and state highways
40 billion rupees for affordable housing proposed through national housing bank; 80 billion rupees proposed for rural housing scheme
Plans to make food and petroleum subsidies more targeted
Rural job-guarantee scheme, which provides 100 days of paid employment a year, will become more focused on asset creation
Will focus on acheiving 4 percent growth per year in agriculture
Sets farm credit target at 8 trillion rupees for 2014/15
Proposes a long-term rural credit fund with an initial corpus of 50 billion rupees
Accepts fiscal deficit target of 4.1 percent of GDP for 2014/15
Fiscal deficit seen at 3.6 percent of GDP in 2015/16
Finance Minister says: "We cannot spend beyond our means"
Tax-to-GDP ratio must be raised

ISTTMVINAY457
Posts: 107
Joined: Mon Apr 28, 2014 7:54 pm

Indian Budget-2014-15, How it impact our Indian GDP.

#4 Postby ISTTMVINAY457 » Fri Jul 11, 2014 11:59 am

How Indian 2014-15 Budget will impact on our Indian GDP..?
Highlights of 2014-15 budget.
1) 5,75,000 crores for expenditure for current fiscal
2) 49% FDI in defense sector
3) 7,060 crore investment on smart cities
4)2,47941 crores- PSU'S expected investment.
5)50,548 crores for SC development


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