New Delhi: Highlights of budget for 2013-14 presented in the Lok Sabha Thursday by Finance Minister P. Chidambaram:
Revised budget expenditure for 2012-13 at Rs.14 lakh 30,824 crore
Budget expenditure for 2013-14 at Rs.16 lakh 65,297 crore; plan expenditure at 5 lakh 55,224 crore
Rs.41,000 crore for Scheduled Caste plan
Rs.97,000 crore for women's development
Rs.110 crore for department of disabilities
Rs.37,330 crore for health ministry
Average growth during UPA-1 was 8 percent; high growth not a novelty
Current account deficit a worry because of high oil and gold imports
Will need $75 billion to finance current account deficit
Need to encourage FDI in consonance with economic priorities
WPI inflation down to 7 percent; food inflation worrying.
Vasundhara Raje, who spearhead BJP's spectacular comeback to power in Rajasthan, took oath as State Chief Minister. Governor Margaret Alva administered the oath of office and secrecy to Vasundhara Raje.
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