India Budget 2009-2010
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
India’s 2009-10 budget was released on 6 July 2009. The theme of this budget was ‘inclusive growth’ as the government tries to pull itself out of its massive fiscal deficit. The comprehensive budget included many ambitious goals.
India’s 2009-10 budget was released on 6 July 2009. The theme of this budget was ‘inclusive growth’ as the government tries to pull itself out of its massive fiscal deficit. The comprehensive budget included many ambitious goals.
The budget outlined tax breaks for individuals but not for companies. It also included various plans to stimulate a wide range of industries such as agriculture, advertising, export-based sectors, railways, public services, highways, and more.
This article gives an overview of the budget:
Agricultural loans were promised, along with goals of cutting the huge poverty level in half, by 2014.Also in the budget are measures to slash female illeteracy by half in three years.
As of July 2009, the fiscal deficit was 6.2%, with fears of it rising ot 6.8%. Finance Minister Pranab Mukherjee, though, saw no way of closing this deficit, and opted for tax cuts in the medium term.
The full budget can be seen here: Government of India: Union Budget and Economic Survey
The Interim Budget – India Interim Budget 2009
Indian Interim Budget 2009 – Background, Overview, Objectives And The Eleventh Five Year Plan
Revised Estimates, Indian Revised Budget Estimates 2008-2009, RE 2008-09
Indian Budget Estimates 2009-2010, BE 2009-2010, Indian Interim Budget
Tax Budget – Tax and Taxes, Indian Interim Budget 2009
Agriculture Budget – Indian Interim Budget 2009, Agricultural Sector, Rural Development Budget
Education Budget – Indian Interim Budget 2009, Education Sector
Social Sector Budget – Indian Interim Budget 2009, Social Sector
Financial Sector Budget – Financial Sector Reforms, Indian Interim Budget 2009
