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Indian Union Budget 2006-2007 - Recap

26 Feb '07
2 min read

Non plan expenditure would go up by about 3 percent and food, fertilizers and petroleum subsidies divisive.

Traditional Arts to be encouraged.

Government proposed to launch the Jute Technology mission in 2006-07 to harvest the potential of fibre. A national jute board would be established.

Government proposes to enhance the allocation of Rs 435 crore to 535 crore next year.

The scheme for the integrated the textile park was launched in Oct 2005. With intension 25 textile arts & 7 crore being sanctioned and 10 crore identified for the development are proposed to provide Rs 189 crore for the scheme.

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