Budjet

Key Features of Budget 2004 - 2005 NATIONAL COMMON MINIMUM PROGRAMME Economic ObjectivesNATIONAL COMMON MINIMUM PROGRAMMEGrowth rate of 7-8 per cent per year for a sustained period.Universal access to quality basic education and health.Gainful employment in agriculture, manufacturing and services, and promoting investment.100 days employment to the breadwinner in each family at minimum wage.Focus on agriculture and infrastructure.Acceleration of fiscal consolidation and reform andHigher and more efficient fiscal devolution.FRBM AND THE MACROECONOMIC BACKDROPElimination of revenue deficit by 2008-09 Growth to be sustained by increased production and value addition in agriculture, a marked improvement in industrial production, and continued buoyancy in the performance of the services sector. 5-year road map to achieve the NCMP objective of bringing about rapid growth with stability and equity. POVERTY AND UNEMPLOYMENTAdditional provision of Rs. 10,000 crore for Gross Budgetary Support (GBS) for plan, programmes such as Food for Work, Sarva Shiksha Abhiyan, Midday Cooked-Meal Scheme, basic health care, railway modernization and safety, Accelerated Irrigation Benefit Programme, drinking water, investment in agriculture, roads and science and technology to receive priority. Antyodaya Anna Yojana : Coverage to increase from 1.5 crore to 2 core families, provision of Rs. 3500 crore included in the allocation for food subsidy. Public distribution system to be strengthened.
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