1. Home
  2.  |  
  3. Economy Current Affairs  |  

Union Budget 2014-15: Social Sector Schemes/Initiatives

Jul 10, 2014 18:09 IST

Union Budget 2014-15 was presented by the Union Finance Minister Arun Jaitley on 10 July 2014. The Budget 2014-15 has announced too many schemes/initiatives so as to achieve a sustained growth of 7-8 per cent or above within the next 3-4 years along with macro-economic stabilization.

Rural Development
• Shyama Prasad Mukherji Rurban Mission for integrated project based infrastructure in the rural areas.
• Deen Dayal Upadhyaya Gram Jyoti Yojana for feeder separation to augment power supply to the rural areas with an outlay of 500 crore rupees to be launched
• Ajeevika, the provision of bank loan for women SHGs at 4% to be extended to another 100 districts
• Start Up Village Entrepreneurship Programme ‰for encouraging rural youth to take up local entrepreneurship programs with an outlay of 100 crore rupees to be launched
• Neeranchal to give impetus to watershed development in the country with an initial outlay of 2142 crores rupees

Urban Development
• Housing for All by 2022
• Mission on Low Cost Affordable Housing anchored in the National Housing Bank to be set up
• Slum development to be included in the list of Corporate Social Responsibility (CSR) activities to encourage the private sector to contribute more
• One Hundred Smart Cities to be developed at a cost of 7060 crore rupees
• Tax incentives for Real Estate Investment Trusts (REITS)

Weaker Sections and Minorities
• Van Bandhu Kalyan Yojna for the welfare of the tribals with an outlay of 100 crore rupees
• National level institutes for Universal Inclusive Design, Mental Health Rehabilitation and a Centre for Disability Sports to be established
• Up gradation of Traditional Skills in Arts, Resources and Goods for the up gradation of skills and training in ancestral arts for development for the minorities to be launched
• Varishtha Pension Bima Yojana (VPBY) to be revived for a limited period from 15 August, 2014 to 14 August 2015 for the benefit of citizens aged 60 years and above

Women and Child Development
• Safety for Women on Public Road Transport Project with an outlay of 50 crore rupees started
• Scheme to increase the safety of women in large cities with an allocation of 150 crore rupees
• Crisis Management Centres to be set up in all the government and private hospitals of the districts of NCT of Delhi in 2014-15
• Beti Bachao, Beti Padhao Yojana a focused scheme to generate awareness and help in improving the efficiency of delivery of welfare services meant for women with an outlay of 100 crore rupees
• School curriculum to have a separate chapter on gender mainstreaming

Drinking Water & Sanitation
• Swachh Bharat Abhiyan to cover every household with sanitation facility by the year 2019

Health and Family Welfare
• Free Drug Service and Free Diagnosis Service to achieve Health for All
• Two National Institutes of Ageing to be set up at AIIMS, New Delhi and Madras Medical College, Chennai
• A national level research and referral Institute for higher dental studies to be set up
• AIIMS like institutions in Andhra Pradesh, West Bengal, Vidarbha in Maharashtra and Poorvanchal in Uttar Pradesh with an outlay of 500 crores rupees
• 12 new government medical colleges to be set up
• 15 Model Rural Health Research Centres to be set up for research on local health issues concerning rural population
• A national programme in Mission Mode to halt the deteriorating malnutrition situation in India to be put in place within six months
School Education
• A School Assessment Programme initiated at a cost of 30 crore rupees
• Pandit Madan Mohan Malviya New Teachers Training Programme to infuse new training tools and motivate teachers with an outlay of 500 crore rupees
• Communication Linked Interface for Cultivating Knowledge (CLICK) and online courses to be established as virtual classrooms with an outlay of 100 crore rupees

Higher Education
• Jai Prakash Narayan National Centre for Excellence in Humanities to be set up in Madhya Pradesh
• 5 Indian Institute of Technology to be set up in Jammu, Chhattisgarh, Goa, Andhra Pradesh and Kerala with an outlay of 500 crore rupees
• 5 Indian Institute of Management to be set up in the States of Himachal Pradesh, Punjab, Bihar, Odisha and Rajasthan
• Two more Agricultural Research Institute of excellence in Assam and Jharkhand with an initial sum of 100 crore rupees
• Agriculture Universities in Andhra Pradesh and Rajasthan and Horticulture Universities in Telangana and Haryana to be opened with an outlay of 200 crore rupees
• Film & Television Institute, Pune and Satyajit Ray Film & Television Institute, Kolkata are proposed to be accorded status of Institutes of national importance
• National Centre for Excellence in Animation, Gaming and Special Effects to be set up

Employment and Skill Development
• Skill India to be launched to skill the youth with an emphasis on employability and entrepreneurial skills
• More productive, asset creating and with linkages to agriculture and allied activities wage employment would to be provided under MGNREGA
• Start Up Village Entrepreneurship Programme ‰for encouraging rural youth to take up local entrepreneurship programs with an outlay of 100 crore rupees to be launched

Regional Development
• A new 24x7 channel called Arun Prabha to provide a strong platform to rich cultural and linguistic identity of the North-East to be launched
• Construction of long pending Renuka Dam to be taken up on priority
• 500 crore rupees provided to support displaced Kashmiri migrants for rebuilding their lives
• 100 crore rupees provided to set up a National Centre for Himalayan Studies in Uttarakhand



Is this article important for exams ? Yes109 People Agreed

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK