BUDGET 2011-12

(SOME SPECIFIC HIGHLIGHTS)

Sameer Kulkarni,
Professor-HOD, Chanakya Institute, Mumbai-India.
 The Canvas
 High inflation
 Rising current account deficit (CAD)

 Overvalued exchange rate

 Inflation By WPI is @ 8%; by food items it is @ 17%

 Current account deficit (CAD) is 3% of GDP –FII will feel

anxiety the moment it touches to 4%

 The moment RBI will start correction in the exchange rate more
capital out flow will start!
The Canvas
 The Pillars

 Agriculture
 Industry

 Services
 Agriculture

 Price Management
 Marketing
 Storage

 Transport
 Agriculture- Marketing

 It’s ‘States’ Portfolio

 APMC rules need to be reviewed!
 Agriculture- Storage

 Proper storage will reduce the

Agri-wastage by 40%

 Cold storage chains are to be

given the status of in fracture!
 Agriculture- Storage-Status

 Cold storage chains can be lend

by banks under priority sector
 Benefit of Tax-holidays

 Import duty exemption for the

equipments
 Agriculture-New Allocations!

 Total credit allocated to agriculture is

Rs. 4,75,000 crores.

 Previous year it was Rs. 3,75,000

crores.

 2006-7 it was just Rs. 86,000 crores.

 Agriculture-New Allocations!

 Rs. 300 Crores for Palm Cultivation

 Rs.300 Crores for Pulses

Cultivations

 Rs. 300 Crores for Protein

 Agriculture-New Allocations-
reasoning!

 Current import of Palm is 9 million

tonnes

 Current import of Pulses is 3-4

million tonnes
 Agriculture- Warehousing &
Storage

It’s a portfolio of the

Food corporation of India

 All India Rural Credit Survey of

1956
 Thank You!

A Property of Professor Sameer Kulkarni ©

http://www.scribd.com/sam4suchi