While funding for health, education and sanitation programmes in budget 201819 appears to be the highest over the last three yearsa percent rise from the previous yearthe money set aside has declined from actual allocations of 201718, according to a factchecker analysis of budget data. It is also proposed to establish national level institutes for universal inclusive design and mental health rehabilitation and. The union budget for 201415 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. I rise to present the budget of the government of the national capital. National capital territory of delhi budget 201415 speech. Aiming at 78 per cent gross domestic product gdp growth in 34 years. Health cover plan announced in union budget will be. The union budget 20142015 aims to cater all groups of the society with a motto. The union budget of india for 2014 2015 was presented by finance minister, arun jaitley on 10 july 2014,11 am. Budget speech 201415 presented by arun jaitley simple. Regret not being able to give more to taxpayers, arun jaitley tells ndtv india edited by ramarko sengupta with inputs from reuters updated.
Union finance minister arun jaitley on thursday presented his maiden budget. Arun jaitley s budget gives tax relief, promises higher. Jul 10, 2014 in the interim budget 2014 15, my predecessor had set revenue collection targets for direct taxes as well as indirect taxes, which appear to be ambitious. Responsibility and budget management act, 2003 arun jaitley minister of finance december, 2014 preface. The knives are out to dissect finance minister arun jaitley s last full union budget before the general elections next year. While the opposition and the government are locked in a heated debate over how good or bad the budget 2018 is, we take a look at how finance minister arun jaitley has changed your income tax burden in the last five years. Fm arun jaitleys speech was very long with a lot of prose. Arun jaitley to initiate budget exercise next week it would also be the last full budget of the bjpled nda government before the 2019 general elections. Read full text here referring to the governments commitment to the welfare of farmers and doubling farmers income by 2022, the finance minister announced a slew of new schemes and measures. Indian finance minister arun jaitley arrives to present the 2014 15 union budget at the indian parliament in new delhi.
Arun jaitley brings healthcare to every indians doorstep. The union budget 2014 2015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Finance minister shri arun jaitley presents general budget 201819 in parliament. Aug 24, 2019 arun jaitley was not able to present the union budget for 201819 and 201920 interim budget due to his poor health. Indian finance minister arun jaitley presented the union budget 2014 15 today. The government announced a new health protection scheme to give rs 5 lakh to 50 crore poor and vulnerable.
Madam, four years ago, we pledged to the people of india to give this nation an honest, clean and transparent government. Jaitley prescribes health for all budget 2014 news. The union budget 20142015 aims to cater all groups of the society with a motto, sab ka saath sab ka vikas. Budget highlights 201415 presented by arun jaitley. Aug 25, 2019 arun jaitley will be best remembered for two landmark reforms the goods and services tax and the insolvency and bankruptcy code that he ushered in as finance minister. Former finance minister arun jaitley, who passed away today at aiims delhi, has been an integral part of indian politics for. Six areas arun jaitleys budget 2014 must focus on business today spoke to vidyut gulati, partner, amarchand mangaldas, on steps she expects finance minister arun jaitley to take in the budget. Salaried indians pay more income tax than high earners in us and. Finance minister shri arun jaitley addresses etglobal business summit posted on march 12, 2019 sharing my interview on union budget 201920, february 1, 2019. Feb 01, 2017 budget 20172018 speech of arun jaitley minister of finance. The union budget for 2014 15 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on july 10, 2014. He didnt play into the populist budget, instead stood strong. The eplatform has evolved so much that its able to meet the. Rs 7060 crore to spent for 100 smart cities, says arun.
Jaitley s worlds largest health programme rejigs flailing old ones. Sep 10, 2017 arun jaitley to initiate budget exercise next week it would also be the last full budget of the bjpled nda government before the 2019 general elections. Jan 31, 2018 finance minister arun jaitley presenting the union budget 201819 in the parliament. Finance minister arun jaitley pescribes health for all besides the announcement of setting up of several new medical facilities including four aiimslike institutions, finance minister arun jaitley said free drug service and free diagnosis service is a priority for the centre. Full text of arun jaitley s budget speech the hindu. Rural health and higher tobacco taxes are key priorities. Arun jaitley undergoes weight loss surgery india news. Ap photo finance minister arun jaitley presented the narendra modi governments first budget. Budget highlights 201415 presented by arun jaitley simple. July 10, 2014 people of india have voted decisively for change, jaitley said in what was the maiden budget for. Union budget 201415 india, indian union budget 201415, pdf. The major highlight of the budget in terms of taxation was the imposition of a 10% tax on longterm gains from equity investments. The then finance minister arun jaitley presented the union budget for the 2014 15 financial year on july 10. Jul 10, 2014 while making his maiden budget speech in parliament today, the union finance minister shri arun jaitley said that india has a strong urge to grow and free itself from the curse of poverty.
Having covered the economic survey 2014 in our last post, in this post let us see the highlights of the first budget of narendra modis government. Finance and defence minister arun jaitley on tuesday underwent gastric bypass surgery for diabetes management at a private hospital here. The budget was presented with the tag of fiscal consolidation and long term growth the budget touched upon the right chords and needs of the economy. Finance minister arun jaitley presented his maiden budget of the bjpled nda government amid high expectations from common man to macro business players of the country. Arun jaitley to initiate budget exercise next week business. From 2009 to 2014, he served as the leader of the opposition in the rajya. A member of the bharatiya janata party, jaitley served as the minister of finance and corporate affairs of the government of india from 2014 to 2019 jaitley previously held the cabinet portfolios of finance, defence, corporate affairs, commerce and industry, and law and justice in the vajpayee. Indian finance minister arun jaitley presented the union budget 201415 today. A doctor from the prime ministers medical team was waiting in the fms. In the interim budget 201415, my predecessor had set revenue collection targets for direct taxes as well as indirect taxes, which appear to be ambitious. Arun jaitley presented a longish budget and played it safe by balancing it with sprinklings of populist and reformist measures. Budget speech 201415 presented by arun jaitley simple tax. Govt to roll out health cover scheme from next fiscal. Arun jaitley 28 december 1952 24 august 2019 was an indian politician and attorney.
Finance minister arun jaitley has set aside rs 200 crores in budget 2014 for a giant statue of sardar vallabhbhai patel in prime minister narendra modis home state gujarat. To move towards health for all, the two key initiatives i. Budget 2014 2015 speech of arun jaitley minister of finance july 10, 2014. Remembering arun jaitley the champion of indian startup. Union budget of india 201415 highlights and analysis. Budget 20142015 speech of arun jaitley minister of. Jailetly in his budget left income tax rates unchanged while promising not to bring tax changes with retrospective effect. This is essentially an insurance scheme, where the government covers insurance payments for poor and vulnerable families. Key to budget documents budget highlights key features budget speech budget at a glance annual financial statement. While making his maiden budget speech in parliament today, the union finance minister shri arun jaitley said that india has a strong urge to grow and free itself from the curse of poverty. The union budget of india, also referred to as the annual financial statement in the article 112 of the constitution of india, is the annual budget of the republic of india. Shah associates foreword the first budget of modi sarkar managed to partially meet the expectations of progrowth reforms and clarity in policies.
On the health front, government aims to to eliminate tuberculosis by 2025. The union budget 2018 has taken a huge step in making healthcare affordable and accessible by launching the worlds. Indias finance minister has laid out new measures in the budget for 2014 15 to strengthen the countrys medical infrastructure and restrict the use of tobacco. Jaitley in the budget speech said, we are all aware that lakhs of families in our country have to borrow or sell assets. Finance minister arun jaitley today announced while presenting the union budget 2014 that the countrys income tax rate. Remembering arun jaitley the champion of indian startup ecosystem. Gst and bankruptcy code a breakdown in relations with the reserve bank of india over the issue of the central banks surplus reserves and many other issues was another blip during his tenure. National capital territory of delhi budget 201415 speech of arun. Only proposals for changes in direct taxes, besides customs duty are likely to be presented in the budget along with new schemes and programmes of the government. Budget 20172018 speech of arun jaitley minister of finance. Union finance minister arun jaitley with mos for finance nirmala sitharaman and officials outside finance ministry. Arun jaitley focuses on agriculture and health in a bid to improve rural incomes ahead of general elections next year.
Two years of subfive per cent growth has led to challenges to the economy. Health cover plan announced in union budget will be cashless. Arun jaitley to initiate budget exercise next week. This was the first budget of narendra modi led nda government. Finance minister arun jaitley will present his maiden budget in parliament today. The people are in no mood to suffer unemployment, inadequate basic amenities, lack of infrastructure and apathetic governance. Budget 20142015 speech of arun jaitley minister of finance.
Finance minister arun jaitley is scheduled to present the last full budget of the government on february 1, and according to a report by reuters, the government is. The knives are out to dissect finance minister arun jaitleys last full union budget before the general elections next year. Jaitley, who played a key role in the elevation of narendra modi as the partys pm nominee, was entrusted with as many as three ministries when the nda government came. The impact of the tax changes now proposed have of course been factored into the budget estimates, 2014 15. Minister arun jaitley has attempted to curb the use of tobacco while boosting medical infrastructure and research in the budget for 201415. The government presents it on the first day of february so that it could be materialised before the beginning of new financial year in april. A member of the bharatiya janata party, jaitley served as the minister of finance and corporate affairs of the government of india from 2014 to 2019. Jul 07, 2014 six areas arun jaitley s budget 2014 must focus on business today spoke to vidyut gulati, partner, amarchand mangaldas, on steps she expects finance minister arun jaitley to take in the budget. Shri arun jaitley, minister of finance for the budget 2014 15 of the national capital territory of delhi on july 18, 2014 1.
Jun 27, 2014 indias tax system is lopsided with an estimated 4 lakh people paying over 60 per cent of income tax collected in the country. Fm arun jaitleys speech was very long with a lot of. I propose to retain these targets and it shall be my endeavour to achieve the same. The delhi appropriation vote on account bill, 2014 to provide for. Finance minister arun jaitley today launched a new flagship programme, the national health protection scheme, to cover ten crore poor families with an allocation of rs 5 lakh per family. Finance minister arun jaitley presenting the union budget 201819 in the parliament. Homemakers will have marginally more to spend finance minister arun jaitley seems aware of the pains that a home maker goes through when food prices rise. The following is the full text of arun jaitleys speech on the union budget for 201819. Jaitley decided not to join the second modi cabinet in 2019, due to health.
Pti finance minister arun jaitley presented his maiden budget of the bjpled nda government amid high expectations from common man to macro business players of the country. In the budget, announced in parliament on 10 july, arun jaitley said that 15 model rural health research centres would be established to provide better healthcare facilities in nonurban areas. Arun jaitley will be best remembered for two landmark reforms the goods and services tax and the insolvency and bankruptcy code that he ushered in as finance minister. Budget 2014 15 speech of arun jaitley minister of finance july 18, 2014 madam speaker, 1.
Indias tax system is lopsided with an estimated 4 lakh people paying over 60 per cent of income tax collected in the country. Highlights of the speech of shri arun jaitley, minister of. Health cover plan announced in union budget will be cashless, says fm jaitley the national health protection scheme, to provide medical cover of up to rs 5 lakh to over 10 crore vulnerable. Arun jaitley was not able to present the union budget for 201819 and 201920 interim budget due to his poor health.
Feb 02, 2018 govt to roll out health cover scheme from next fiscal. Delhi is emerging as a major health care hub in the country, with a. The total budget estimate for the government of nct of delhi for the. Rs 7060 crore to spent for 100 smart cities, says arun jaitley. Presidents rule imposed in the national capital territory of delhi under article 239 ab of the constitution on 16th february, 2014. Arun jaitley s 10 themes which held the budget together.
Jaitley, who played a key role in the elevation of narendra modi as the partys pm nominee, was entrusted with as many as three ministries when the nda government came to power in 2014. Union budget 201415 india, indian union budget 201415. Delhi is emerging as a major health care hub in the country, with a robust urban health care. Mr arun jaitley, the finance minister of india laid the budget for the year 2014 15. In fact in 2019, he did not contest the lok sabha elections. Highlights of the speech of shri arun jaitley, minister of finance for. Union budget of india 201415 highlights and analysis clear ias. Mediumterm expenditure framework statement laid before. India says it will fund the worlds largest national health programme. Arun jaitley introduced the 91st amendment to penalize defectionspdf. Finance minister arun jaitley on thursday announced two new initiatives under the ayushman bharat programme in the union budget 2018. While making his maiden budget speech in parliament on july 10, the union finance minister shri arun jaitley said that india has a strong urge to grow and free itself from the curse of poverty. Jan 02, 2018 former finance minister p chidambaram and his successor and current fm arun jaitley squared off again in the rajya sabha on tuesday, this time over the nonperforming assets npas that have.