Tag Archives: union budget 2010

Effect of Union Budget 2010 on Healthcare sector

The Union Budget 2010 has been bullish for the healthcare sector. The government increased the outlay to the healthcare sector to Rs. 22,300 crore from Rs. 19,534 crore.

Vishal Bali, CEO, Fortis Hospitals, said that in a budget that provides 46% of plan allocation for infrastructure, not finding healthcare on the agenda of the finance minister takes another year away in bridging the affordability and accessibility gap in the sector. An increase of 14% in the overall outlay for the Health Ministry does not really pave the way for a 1-2% increase in GDP spend by the government on healthcare…click here to read ahead

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Effect of Union Budget 2010 on Agriculture Sector


Pranab Mukherjee, for the first time in recent years, has laid out a road map for agricultural recovery and progress based on integrated attention to the conservation of the ecological foundations essential for sustainable agriculture, cultivation based on the principles of conservation and climate-resilient farming, consumption with attention to food safety and quality, and farmer-centric commerce. For the first time also, he has addressed the issue of increasing feminisation of agriculture by proposing a Mahila Kisan Sashaktikaran Pariyojana with an initial outlay of Rs. 100 crore…click here to read ahead

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Effect of Union Budget 2010 on Telecom sector


Let us see what the union budget 2010 has in store for the Telecom Sector. Telcos were looking at a rationalisation of tax and levies, uniform license fee of one per cent of the AGR. Telcos wanted a re-look at direct tax, tax holidays and section 81 (A), a re-look at licenses and indirect taxes. As far as infrastructure products are concerned, oeprators were hoping for a boost in telecom infrastructure and wanted telecom to be included as part of infrastructure, so that all tax holidays applicable to infrastructure are applicable to telecom. Telcos wanted FM to remove bank guarantees for telecom…click here to read ahead

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