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Final Analysis
1. AN ANALYSIS OF THE INCOMES AND EXPENDITURES PROPOSED IN THE UNION BUDGET 2008-09 PREPARED BY: NAYAN BHATIA & ANUJA SHAH
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5. Four crore farmers expected to benefit . FARM SECTOR * Farms of up to 2 hectares will have a complete waiver of loans. * Debt waiver scheme will cover 500 billion rupees of loans. * Implementation of farm debt scheme will be completed by June 30, 2008. * Government determined to be self-sufficient in food grains. * Farm credit target at 2.8 trillion rupees. * Government sets aside 200 billion rupees for irrigation. * Government will give special attention to coconut, cashew and pepper sectors * Government to give 400 million rupees for special purpose tea fund. * Crop insurance scheme will be introduced. Weather-based crop insurance scheme to continue
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7. INFRASTRUCTURE AND INDUSTRY SECTOR SCHEME ALLOCATION (Rs. in crore) Power Accelerated Power Dev. & Reforms Project 800 Roads National Highway Development Programme 12966 IT Common Service Centers 75 State Wide Area Networks 450 State Data Centers 275 Textiles Scheme For Integrated Textile Parks 450 Textile Upgradation Fund 1090