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Key Features of Interim Budget 2009 - 2010

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Interim Budget leaves direct taxes unchanged...
Key Features of Interim Budget 2009 - 2010
  • The Gross Domestic Product increased by 7.5 per cent, 9.5 per cent, 9.7 per cent and 9 per cent in the first four years from fiscal year 2004 - 05 to 2007 - 08 recording a sustained growth of 9 per cent for three consecutive years for the first time. The growth drivers for the period were agriculture, services, manufcturing along with trade and construction.
  • Due to revision in Educational Loan Scheme by the Government number of beneficiaries increased from 3.19 lakh to 14.09 lakh and amount of loan outstanding increased from Rs.4500 crore as on March, 31, 2004 to Rs.24260 crore as on September 30, 2008.
  • 500 ITIs upgraded into centers of excellence. National Skill Development Corporation created in July, 2008 with initial corpus of Rs.1000 crore.
  • Scope of the pre-metric scholarship for children of those engaged in unclean occupations expanded and rates of scholarship duubled in 2008-09. Annual ad-hoc grant increased by about 50 per cent as compared to earlier rates.
  • Two new schemes - 'Indira Gandhi National Widow Pension Scheme' to provide pension of Rs.200 to widows between age groups of 40-64 years and 'Indira Gandhi National Disability Pension Scheme' to provide pension for severely disabled persons.
  • Widows in the age group of 18-40 years to be given priority in admission to ITIs, Women ITIs National/Regional ITIs for women. Government to bear cost of their training and provide stipend of Rs.500 per month.
  • Government approved implementation of Guidelines on Corprate Governance in Central Public Sector Enterprises (CPSEs) in June, 2007.
  • Recommendations of the Sixth Central Pay Commission approved by the Government has benefited over 45 lakh Central Government employees including Defence Forces and Para-Military forces and over 38 lakh pensioners.

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Awards of Board of Arbitration Pending with the Government from 2006

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Statement Containing 16 Pending Board of Arbitration Awards:

1.C.A. Ref. No. 6/95 Weightage for Night Duty for employees drawing pay more than Rs.2200 and Night Duty Weightage allowance to Nurses.
2. C.A. Ref. No. 2/2002 Notional Pay for computation of HRA / CCA for the period from 1.1.96 to 31.7.97.
3. C.A. Ref. No. 3/2001 Allotment of proper revised scale to categories of Sr. Auditors. Sr. Accountants. Head Clerks & Account Assts. in Ministries/Departments.
4. C.A. Ref. No. 1/2004 Revision of Washing Allowance.
5. C.A. Ref. No. 2/2004 Revision of rates of Over Time Allowance.
6. C.A. Ref. No. 6/2004 regarding payment of Night Duty Allowance in revised pay scales from 1.1.1996
7. C.A. Ref. No. 5/2004 Regarding treating the advance increments granted to Stenographers for the speed test as pay for all purposes.
8. C.A. Ref. No. 3/2004 Revision of rates of Transport Allowance.

1.C.A. Ref. No. 3/86 – Encashment of earned leave while in service.
2. C.A. Ref. No. 1/88 – Grant of Conveyance Allowance to non-gazetted Central Government employees at the rate of Rs.60 per month.
3. C.A. Ref. No. 8/93 – Regarding fixation of pay of Inspectors of Income Tax on upward revision of their pay scale under FR-22-C.
4. C.A. Ref. No. 9/93 – Regarding grant of Special Pay to Inspectors in the office of the Commissioner of Income-Tax. (Central Circle)
5. C.A. Ref. No. 7/98 – Regarding revision of pay scale of Computers in the office of RGI.
6. C.A. Ref. No. 7/93 – Reg. grant of FR 22 (c) (now FR 22(1)9(a)(I) benefit to Watchmen, Farash, Mali etc., on their promotion as Gr. D Peon w.e.f. 1.8.99.
7. C.A. Ref. No. 5/93 – Reg. cash allowance to staff handling cash as a regular measure and grant of cash allowance to postal staff who are engaged for salary bills/pension disbursement.
8. C.A. Ref. No. 1/92 – Reg.revision of pay scale of Artist and Photographer in Botanical Survey of India.

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