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Sunday 18 March 2012

Key Features of Budget 2012-2013-part 3













AGRICULTURE
1.Plan Outlay for Department of Agriculture and Co-operation increased by 18 percent.
2.Outlay for Rashtriya Krishi Vikas Yojana (RKVY) increased to 9,217 crore in 2012-13.
3.Initiative of Bringing Green Revolution to Eastern India (BGREI) has resulted in increased production and productivity of paddy. Allocation for the scheme increased to 1,000 crore in 2012-13 from 400 crore in 2011-12.

      4. 300 crore to Vidarbha Intensified Irrigation Development Programme under RKVY.
5.Remaining activities to be merged into following missions in Twelfth Plan:
v National Food Security Mission
v National Mission on Sustainable Agriculture including Micro Irrigation
v National Mission on Oilseeds and Oil Palm
v National Mission on Agricultural Extension and Technology
v National Horticultural Mission
National Mission for Protein Supplement
·         2,242 crore project launched with World Bank assistance to improve productivity in the dairy sector. 500 crore provided to broaden scope of production of fish to coastal aquaculture.
Agriculture Credit
1.Target for agricultural credit raised by 1,00,000 crore to 5,75,000 crore in 2012-13.
2.Interest subvention scheme for providing short term crop loans to farmers at 7 percent interest per annum to be continued in 2012-13. Additional subvention of 3 percent available for prompt paying farmers.
3.Short term RRB credit refinance fund being set up to enhance the capacity of RRBs to disburse short term crop loans to small and marginal farmers.
4.Kisan Credit Card (KCC) Scheme to be modified to make KCC a smart card which could be used at ATMs.
Agricultural Research
·         A sum of 200 crore set aside for incentivising research with rewards.
Irrigation
1.Structural changes in Accelerated Irrigation Benefit Programme (AIBP) being made to maximise flow of benefit from investments in irrigation projects.
2.Allocation for AIBP in 2012-13 stepped up by 13 per cent to 14,242 crore.
3.Irrigation and Water Resource Finance Company being operationalised to mobilize large resources to fund irrigation projects.
4.A flood management project approved by Ganga Flood Control Commission at a cost of 439 crore for Kandi sub-division of Murshidabad District.
National Mission on Food Processing
1.A new centrally sponsored scheme titled “National Mission on Food Processing” to be started in 2012-13 in co-operation with State Governments.
2.Steps taken to create additional food grain storage capacity in the country.

INCLUSION

Scheduled Castes and Tribal Sub Plans
1.Allocation for Scheduled Castes Sub Plan at 37,113 crore in BE 2012-13 represents an increase of 18 per cent over BE 2011-12.
2.Allocation for Tribal Sub Plan at 21,710 crore in BE 2012-13 represents an increase of 17.6 per cent.

Food Security
1.National Food Security Bill, 2011 is before Parliamentary Standing Committee.
2.A national information utility for computerisation of PDS is being created. To become operational by December, 2012.
Multi-sectoral Nutrition Augmentation Programme
1.A multi-sectoral programme to address maternal and child malnutrition in selected 200 high burden districts is being rolled out during 2012-13.
2.Allocation of 15,850 crore made for Integrated Child Development Service (ICDS) scheme, representing an increase of 58 per cent over BE 2011-12.
3.11,937 crore allocated for National Programme of Mid Day Meals in schools.
4.An allocation of 750 crore proposed for Rajiv Gandhi Scheme for Empowerment of Adolescent Girls, SABLA.
Rural Development and Panchayati Raj
1.Budgetary allocation for rural drinking water and sanitation increased from 11,000 crore to 14,000 crore representing an increase of over 27 per cent.
2.Allocation for PMGSY increased by 20 per cent to Rs.24,000 crore to improve connectivity.
3.Major initiative proposed to strengthen Panchayats through Rajiv Gandhi Panchayat Sashaktikaran Abhiyan.
4.Backward Regions Grant Fund scheme to continue in twelfth plan with enhanced allocation of 12,040 crore in 2012-13, representing an increase of 22 per cent over the BE 2011-12.
Rural Infrastructure Development Fund (RIDF)
·         Allocation under RIDF enhanced to 20,000 crore. 5,000 crore earmarked exclusively for creating warehousing facilities.
EDUCATION

1.For 2012-13, 25,555 crore provided for RTE-SSA representing an increase of 21.7 per cent over 2011-12.
2.6,000 schools proposed to be set up at block level as model schools in Twelfth Plan.
3.3,124 crore provided for Rashtriya Madhyamik Shiksha Abhiyan (RMSA) representing an increase of 29 per cent over BE 2011-12.
4.To ensure better flow of credit to students, a Credit Guarantee Fund proposed tombe set up.
HEALTH

1.No new case of polio reported in last one year.
2.Existing vaccine units to be modernised and new integrated vaccine unit to be set up in Chennai.
3.Scope of ‘Accredited Social Health Activist’ – ‘ASHA’ is being enlarged. This will also enhance their remuneration.
4.Allocation for NRHM proposed to be increased from 18,115 crore in 2011-12 to 20,822 crore in 2012-13.
5.National Urban Health Mission is being launched.
6.Pradhan Mantri Swasthya Suraksha Yojana being expanded to cover upgradation of 7 more Government medical colleges.
EMPLOYMENT AND SKILL DEVELOPMENT

1.MGNREGS has had a positive impact on livelihood security.
2.Need to bring about greater synergy between MGNREGA and agriculture and allied rural livelihoods.
3.Allocation of 3915 crore made for National Rural Livelihood Mission representing an increase of 34 per cent.
4.To ease access to bank credit, corpus for ‘Women’s SHG’s Development Fund’ enlarged.
5.Proposal to establish Bharat Livelihoods Foundation of India through Aajeevika scheme.
6.Allocation for Prime Minister’s Employment Generation Programme increased by 23 per cent to 1,276 crore in 2012-13.
Skill Development
1.Projects approved by National Skill Development Corporation expected to train 6.2 crore persons at the end of 10 years.
2.1,000 crore allocated for National Skill Development Fund in 2012-13.
3.To improve the flow of institutional credit for skill development, a separate Credit Guarantee Fund to be set up.
4. “Himayat” scheme introduced in J&K to provide skill training to 1 lakh youth in next 5 years. Entire cost to be borne by Centre.
SOCIAL SECURITY AND THE NEEDS OF WEAKER SECTIONS
1.Allocation under NSAP raised by 37 per cent to 8,447 crore in 2012-13.
2.In the ongoing Indira Gandhi National Widow Pension Scheme and Indira Gandhi National Disability Pension Scheme for BPL beneficiaries, pension amount to be raised from 200 to 300 per month.
3.Lump sum grant on the death of primary breadwinner of a BPL family, in the age group 18-64 years, doubled to 20,000.
4.To enhance access under SWAVALAMBAN scheme, LIC appointed as an Aggregator and all Public Sector Banks appointed as Points of Presence (PoP) and Aggregators.
5.Special grant provided to various universities and academic instiutions.
Security
1.A provision of 1,93,407 crore made for Defence services including 79,579 crore for capital expenditure. Any further requirement to be met.
2.1,185 crore proposed to be allocated for construction of nearly 4,000 residential quarters for Central Armed Police Forces.
3.3,280 crore proposed to be allocated for construction of office building of Central Armed Police Forces.
4.Scheme to create National Population Register likely to be completed within next 2 years.
GOVERNANCE
UID-Aadhaar
·         Enrolment of 20 crore persons completed under UID mission. Adequate funds to be allocated to complete enrolment of another 40 crore persons.
Black Money
·         Proposal to lay a White Paper on Black Money in current session of Parliament.
Public Procurement Legislation
1.Bill regarding Public Procurement Legislation to be introduced in the Budget Session of the Parliament.
2.Legislative measures for strengthening anti-corruption framework are at various stages of enactment.

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