Highlights of Budget 2009

CA Nikita (Chartered Accountant) (4158 Points)

06 July 2009  


*       Fund alloction for urban poor accommodation is 3,973,000 cr
*       JNNURM allocation hiked by 87 per cent
*       NHAI allocation up by 23 per cent
*       Hike infrastructure investment to over 9% of GDP by 2014
*       IIFCL will refinance 60% of commercial bank loans in PPP
*       IIFCL will look at new projects
*       IIFCL will also look at incremental lending by banks
*       New company IIFCL to look at infrastructure needs
*       Two worst quarters since September slowdown behind us

       Signs of revival in the domestic industry