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New Delhi: The Union Finance Minister, Shri Pranab Mukherjee, while presenting the Union Budget for 2011-12, has proposed an allocation of Rs.52,057 crore for education, which is an increase of 24 per cent over the current year.

New Delhi: Finance Minister, Shri Pranab Mukherjee has proposed to raise the target of credit flow to the farmers from Rs. 3,75,000 crore this year to Rs.4,75,000 crore in 2011-12. Banks have been asked to step up direct lending for agriculture and credit to small and marginal farmers.

New Delhi: The Union Finance Minister, Shri Pranab Mukherjee has proposed to provide an amount of Rs. 300 crore to bring 60,000 hectares under palm oil plantations, by integrating the farmers with the markets.

New Delhi: The exemption limit for the general category of individual tax payers has been enhanced to Rs. 1,80,000 from Rs. 1,60,000 in the General Budget 2011-12, presented by the Union Finance Minister, Shri Pranab Mukherjee in the Lok Sabha today.

New Delhi: The Union Finance Minister Shri Pranab Mukherjee has proposed to allocate a sum of Rs. 200 crore from the National Clean Energy Fund as Centre’s contribution in 2011-12 for launching environmental pollution remediation programmes.

New Delhi: In the General Budget 2011-12, surcharge on domestic companies has been reduced to 5 per cent from the present 7.5 per cent, continuing with the process of phasing out the surcharge.

New Delhi: A special allocation of Rs. 200 crore for the clean-up of some important lakes and rivers other than the Ganga has been made in the Budget 2011-12.

New Delhi: The Union Finance Minister Shri Pranab Mukherjee has announced that an international award with a prize money of Rs. One crore will be instituted for promoting values of Universal Brotherhood in the memory of Gurudev Rabindranath Tagore.

New Delhi: Union Finance Minister Shri Pranab Mukherjee has proposed in the Union Budget 2011-12 that the Rashtriya Swasthya Bima Yojana will be extended to cover unorganized sector workers in hazardous mining and associated industries like slate and slate pencil, dolomite, mica and asbestos etc.

New Delhi: In the General Budget 2011-12, the scope of exemptions to improve storage and warehouse specialty for agricultural produce has been further enlarged.