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By: anup_bagla | Posted: Feb 27, 2010 | General | 450 Views (Updated Feb 27, 2010)

Union Budget 2010 has been an exercise to balance growth and taxes, costs & prices as said by FM ... Inflation is very much a cause for concern !


Being a Sustainable Development, Environment & Energy Specialist, I find somethings to cheer about ...


Although they are well meaning, It will depend upon effective implementation,


Need to provide food security, health care for all


Need to make development more inclusive


To establish National Clean Energy Fund


Increase outlay for higher education


Plan outlay for renewable energy raised to Rs 1000 cr


Rs 48000 cr allocated for Bharat Nirman


Rs 66100 cr allocated for rural development


To allocate Rs 22300 cr to Health Ministry


Increase allocation to NREGS and other welfare schemes


Weakness in govt system still a challenge


Lower tax burdens on individuals


Exempt carbon credit income earned from renewable energy


5% Customs Duty cut on setting up of solar power plant,


Excise duty on CFL products reduced to 4%


Excise duty on photovoltaic & solar panels waived


For wind power making rotors


Conducive eco-system for SMEs needed


Increase subsidy for solar energy to Rs 16/unit


UIDA to roll out 1st set of IDs by end of this year


Tags :
budget, 2010
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