12.03: The government estimates FY16 total expenditure at Rs 17.77 lakh crore. Of this planned expendiure stands at Rs 4.65 lakh crore and non planned expenditure ar Rs 13.12 lakh crore.
12.00: FY16 defence allocation at Rs 2.46 lakh crore.
11.59: The Budget announced allocation of Rs 33,150 crore towards healthcare.
11.58: In a bid to boost north eastern states, The Union Budget proposed setting up of film institute in Arunachal Pradesh.
11.55: To allocate Rs 75 crore for electric vehicles
11.54: The governemt will do away with distinction between FPIs and FDIs
11.48:To incentivise credit, debit card transactions. Indians will be encouraged to go the RuPay way. The government will introduce made in India gold coins to reduce demand for foreign coins.