Union Budget Interim -India budget

Do you want to watch the budget presentation or read the whole budget?

Pranab Mukherjee has presented the interim budget in the Lok Sabha for the next fiscal.

The Minister also announced that India Infrastructure Finance Company will raise Rs 10,000 crore from the market by the end of March 2009.

A few of the Highlights are below, The entire Budget details is availabale at www.indiabudget.nic.in. and finmin.nic.in
* GDP growth seen at 7.1 pct in 08/09
* 2008/09 farm outlook is encouraging.
* Government to provide interest subsidy to farmers in 09/10.
* Farm loan waiver has so far cost 653 billion rupees.
* Apr-Nov FDI registered at $23.3 billion.
* India has weathered inflation crisis, but there is no room for complacency.
* Now is the time for extraordinary measures.
* "In these difficult times, when most economies are struggling to stay afloat, a healthy 7.1 percent rate of GDP growth still makes India the second fastest growing economy in the world," he said.
* There may be a need for additional measures in the post-poll budget.
* There is a need to accelerate policy reforms, including in the financial sector.
* Social security nets need to be strengthened

Watch the Indian Budget 2009-10 Live