UNION BUDGET 2010-11 PROPOSALS FOR EACH SECTOR

POWER
•Plan allocation to renewable energy ministry hiked
•Coal regulatory authority to be set up
•National clean energy fund to be set up
TEXTILES
•One-time 200 cr for allotment to Tripura Textile sector in Tamil Nadu
Infrastructure
•Plan allocation doubled for power sector
•To construct 20 km highway everyday
•13% rise in allocation for transport sector
•5 mega food parks to be set up
•Infrastructure thrust to be maintained in rural and urban areas
•Govt. committed to SEZ growth
AGRICULTURE
•Budget gives strong focus to boost agri production
•Rashtriya Krishi Vikas Yojna to get Rs 300 cr
•Four pronged strategy to boost agri production
•Repayment of loans to be extended to 6 months in drought and flood hit areas
•Fertilizer subsidy to be reduced
•Failure in agriculture sector compensated by good show in manufacturing sector
EXPORTS
•2% interest subvention for exports extended
BANKING & FINANCE
•Rs 16,500 cr allocated to public sector banks
•Divestment proceedings to be spent on social sector
•Double digit food inflation a worry
•RBI considering giving banking licenses to more private players
•Medium term growth plan to cross double-digit figure
•Private investment can sustain 9% growth
•Need to review fiscal stimulus
•GDP to reach 10% soon
•Efforts on to reduce inflation in two months