Bombay stock exchange Sensex fell by 291 point to a 3 months low post budget
FOR WOMEN *All women bank by November 2013 with an initial capital of Rs 1,000 crore. *Rs 1,000 crore NIRABHAYA fund, named after Delhi gang rape victim to empower women
IMPACTThe government expenditure is projected to
increase by 30% which will have a serious impetus on GDP growth for the coming year.
The taxes too have been increased , for the super rich.
The biggest aim now must be to reduce deficit, else inflation will reduce growth aspirations
IMPACTThe department of health and family welfare
got majority share of Rs 33,278 crore.The department of AYUSH a total of
Rs1,259crore and the department of health research rs 1,008 crore
IMPACTThe 17% increase in allocation to human
resource development is definitely a positive sign for the education sector in India.
This can be provide a boost to building quality education resources at all levels in our country.
FOR YOUTHTo meet the enormous challenge of skilling
the Indian youth towards job.Thus the target of achieving 500 million
skilled workers by 2022 cannot be achieved without the active and effective cooperation of industry with governments at the centre and the states.
IMPACTNew impact have been taken for bringing in
more investment to this sector.Promoting growth in key areas and farmers
welfare. Helps in food security and containing food
inflation.
IMPACTExcise duty on readymade garments
extempted positive for textile sectorBombay rayon---260.15-7.55Mandhana Ind –248.95-0.00Sutlej textiles – 212.13-0.85Bannari A Spg – 112.50-1.50