Union Budget Gross Public debt is Rs 212,8810 crore for 2009 grow by another 5% in 2010.Interest payment or servicing of debt was Rs 201,332 crore.
Defence budget is Rs 76984 crore.
Administrative Services is a paltry Rs 28024.42 crore.
Budget allocation Water and sanitation the government spends Rs3400 crore on Water Supply and Sanitation,for the entire country.
Petroleum subsidies Rs 78858 crore.
Budget Deficit
Revised Revenue deficit to be at Rs.2,41,273 crore (4.4 per cent of GDP) as against budgeted figure of Rs.55,184 crore (1 per cent of GDP).Fiscal deficit to go up from Rs.1,33,287 crore (2.5 per cent of GDP) in B.E. 2008-09 to Rs.3,26,515 crore (6 per cent of GDP).
GOI allocation on trading stock Market.
India spent Rs 2525 crore (US $0.5+ billion) on "Investments in General Financial and Trading Institutions" and Rs 4167 crore (US$ 0.9 billion) on "Investments in International Financial Institutions". Wonder why the Government of India would want to invest in International financial institutions with taxpayer money?? GoI playing on the stock market too?? Inputs desichatter
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