The Defence Ministry was allocated Rs 2,03 lakh crore for 2013-14 which is barely Rs 25,169 crore more from last year`s revised estimate of Rs 1.79 lakh crore.
The government has earmarked Rs 270.05 crore for the tour expenses of Union Ministers in the General Budget 2013-14.
Farmers will now be able to access this credit facility from private banks as well.
The Union Budget proposal to integrate rural and urban heath missions has been received well though experts lamented the rather ‘poor’ outlay under the combined scheme.
Reacting to the imposition of 10 percent surcharge by the government on those who earn more than Rs.1 crore a year, actor Suniel Shetty says the government should start imposing tax on corruption.
CPI(M) general secretary Prakash Karat on Friday said that the Union budget has "failed" to address the major concern of the masses.
Aam Aadmi Party alleged that the Budget presented by P Chidambaram was a "clever attempt to mislead" public ahead of elections.
Gujarat Chief Minister Narendra Modi on Thursday said that the UPA government`s budget lacks a growth strategy and vision to develop India`s economy.
Amid demand from Bihar to revise yardsticks for granting special status to backward states, Centre proposed to evolve new criteria that would reflect in future planning and devolution of funds.
Notwithstanding demand by Chief Minister Sheila Dikshit to hike central assistance, Centre earmarked Rs 1,143 crore for Delhi in Union Budget which is increase of only Rs 44 crore compared to 2012.
Power Minister Jyotiraditya Scindia on Thursday described the union budget as "fiscally correct, progressive and inclusive in its approach".
Left Front described Union budget as "smoky" as it contained no specific measures for safeguarding interests of poor man, while maintaining "tradition" of giving tax relief for the corporate houses.
Finance Minister P Chidambaram has enhanced budgetary allocation for subjects dealing with upgrading police infrastructure and enhancing weapons and training of personnel deployed to tackle Naxalism.
Describing Union Budget as `damp squib` Tamil Nadu Chief Minister Jayalaithaa said it was full of rhetoric and lacked any tangible steps to tackle the crisis confronting the country`s economy.
The biggest loss was witnessed in 2009 with the Sensex closing at 5.8 percent lower.
Income Tax slabs have been left untouched this year, as these were introduced only last year.
India hiked its military spending to Rs 203,672 crore (Rs 2.03 trillion/USD 37 billion), an increase of five percent over the Rs 193,407 crore outlay for 2012-13.
Chhattisgarh Chief Minister Raman Singh on Saturday presented a Rs 44,169 crore budget for the fiscal year 2013-14 in the Assembly, with its focus on agriculture and allied sectors.
Finance Minister P Chidambaram will hold consultations with Congress leaders on February 14 amid expectations that the 2013-14 Budget will be a promising affair replete with populist schemes.
President Barack Obama's speech at Siri Fort auditorium
Day in Pics: 27th January
Showbiz World - January 27, 2015