Budget 2015: Over Rs 5300 crore for Delhi Police

In a bid to strengthen women security in the national capital, fund allocation for the Delhi Police from the Nirbhaya Fund has also been increased by Rs 40 lakh.

Budget 2015: Over Rs 5300 crore for Delhi Police
NEW DELHI: The Delhi Police has been alloted Rs 5372.88 crore for 2015-16 in the Union Budget, an increase of more than Rs 500 crore from last year, aimed at sprucing up traffic infrastructure, induction of latest technology and capacity building of the force.

In a bid to strengthen women security in the national capital, fund allocation for the Delhi Police from the Nirbhaya Fund has also been increased by Rs 40 lakh.

While a total of Rs three crore was allocated to Delhi Police from the Nirbhaya Fund under the revised budget estimates for 2014-15, an amount of Rs 3.40 crore has been set aside for fiscal 2015-16.

In the budget presented by Finance Minister Arun Jaitley, the city police was allocated Rs 390 crore in plan head while Rs 4979.48 crore was earmarked for non-plan expenditure, amounting to a total of Rs 5372.88 crore.

The revised budget estimates for Delhi Police for 2014-15 had been Rs 4865.30 crore.

The highlights include an allocation of Rs eight crore for the installation of traffic signals in the national capital this fiscal.
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An amount of Rs seven crore has been allotted for 'Developing Traffic and Communication Network in NCR Mega Cities and Model Traffic System' in the current budget. In 2014-15, Rs 11.37 crore was earmarked for the same purpose.

An amount of Rs three crore has been allocated for for upgrading training facilities, while Rs 50 lakh has been set aside for induction of latest technology.

The budget also includes allocation for the scheme on backend integration of distress signal from victims with mobile vans and control rooms which will be met from the Nirbhaya Fund.

An amount of Rs 95 crore has been set aside for construction of residential accommodation from Delhi Police personnel, which is substantially higher than the revised budget allocations of Rs 62.49 crore in 2014-15.
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Similar trend has been witnessed in the fund allocated for construction of buildings for Delhi Police and a total of Rs 246.50 crore has been allocated for this purpose in the budget for 2015-16.

The revised budget allocations in the same head stood at Rs 152.03 crore in 2014-15.
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Delhi Police is responsible for maintaining and enforcing law and order in the NCT of Delhi. The responsibility also includes traffic management in the city. The provision is for routine expenses as well as for various schemes to be implemented by the force.
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Budget 2015: Top takeaways for the common man
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The limit of reduction of health insurance premium was enhanced from Rs 15,000 to Rs 25,000. For senior citizens this limit has been increased from Rs 20,000 to Rs 30,000.

"For senior citizen above the age of 80 years, not eligible to take health insurance, deduction is allowed for Rs 30,000 toward medical expenditure. Deduction limit of Rs 60,000 on expenditure on account of specified diseases is enhanced to Rs 80,000 in the case of senior citizens," Jaitley said.

Additional deduction of Rs 25,000 is allowed for differently-abled persons, increasing the limit from Rs 50,000 to Rs 75,000. It is also proposed to increase the limit of deduction from Rs 1 lakh to Rs 1.25 lakh in case of severe disability.

Jaitley also proposed to provide that investment in Sukanya Samriddhi Scheme will be eligible for deduction under section 80C of the income-tax and any payment from the scheme shall not be liable to tax.

Limit on deduction on account of contribution to a pension fund and the new pension scheme is proposed to be increased from Rs 1 lakh to Rs 1.5 lakh.

Additional deduction of Rs 50,000 will be allowed for contribution to the new pension scheme u/s 80 CCD increasing from Rs 1 lakh to Rs 1.5 lakh.
The limit of reduction of health insurance premium was enhanced from Rs 15,000 to Rs 25,000. For senior citizens this limit has been increased from Rs 20,000 to Rs 30,000.

"For senior citizen ..
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The transport allowance for salaried, which currently stands at Rs 800 per month was increased to Rs 1,600 per month.
The transport allowance for salaried, which currently stands at Rs 800 per month was increased to Rs 1,600 per month.
Encouraged by the success of the Pradhan Mantri Jan Dhan Yojana, the Finance Minister proposed to work towards creating a universal social security system for all Indians, specially the poor and the under-privileged.

Jaitley said that soon Pradhan Mantri Suraksha Bima Yojana will be launched to cover accidental death risk of Rs 2 lakh for a premium of just Rs 12 per year.

Similarly, we will also launch the Atal Pension Yojana, which will provide a defined pension, depending on the contribution, and its period. To encourage people to join this scheme, the government will contribute 50% of the beneficiaries' premium limited to Rs. 1,000 each year, for five years, in the new accounts opened before 31st December, 2015.

Jaitley also announced a third Social Security Scheme, the Pradhan Mantri Jeevan Jyoti Bima Yojana, which covers both natural and accidental death risk of Rs 2 lakh. The premium will be Rs 330 per year, or less than one rupee per day, for the age group 18-50.
Encouraged by the success of the Pradhan Mantri Jan Dhan Yojana, the Finance Minister proposed to work towards creating a universal social security system for all Indians, specially the poor and the ..
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Jaitley announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, for employees below a certain threshold of monthly income, contribution to EPF should be optional, without affecting or reducing the employer's contribution.

He said, with respect to ESI, the employee should have the option of choosing either ESI or a Health Insurance product, recognized by the Insurance Regulatory Development Authority (IRDA).
Jaitley announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, ..
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Jaitley in his Budget Speech in proposed no change in the rate of personal Income-tax.

However, Jaitley proposed to levy a surcharge at the rate of 12% on individuals, HUFs, AOPs, BOIs, artificial juridical persons, firms, cooperative societies and local authorities having income exceeding Rs 1 crore.
Jaitley in his Budget Speech in proposed no change in the rate of personal Income-tax.

However, Jaitley proposed to levy a surcharge at the rate of 12% on individuals, HUFs, AOPs, BOIs, artif..
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To promote creation of jobs, Jaitley announced a series of cuts in customs and excise duties in the Budget. Customs duties on certain inputs like metal parts, insulated wires and cables, refrigerators compressor parts, compounds used in catalytic converters, sulphuric Acid for use in manufacture of fertilizers and compounds of video Cameras have been reduced.

SAD is reduced in Metal scrap of iron & steel, copper, brass and aluminum from 4% to 2% to address problem of CENVAT credit accumulation. For inputs for use in the manufacture of LED driver and MCPCB for LED lights, fixture and LED lamps SAD is reduced from 4% to Nil.
To promote creation of jobs, Jaitley announced a series of cuts in customs and excise duties in the Budget. Customs duties on certain inputs like metal parts, insulated wires and cables, refrigerator..
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With a move to up the employability of youth, the government will launch a National Skills Mission through the Skill Development and Entrepreneurship Ministry.

The Mission will consolidate skill initiatives spread across several Ministries. Jaitley also proposed to set up an IIT in Karnataka, and upgrade Indian School of Mines, Dhanbad into a full fledged IIT. IIMs will be set in J&K and Andhara Pradesh, FM added.

Three new National Institutes of Pharmaceuticals Education and Research are proposed to be set up in Maharashtra, Rajasthan and Chattisgarh along with Institutes of Science and Education Research in Nagaland and Odisha.

For the North Eastern States, a Centre for Film Production, Animation and Gaming will be set up in Arunachal Pradesh while an Apprenticeship Training Institute for Women will be set in Haryana and Uttarakhand during 2015-16.

To enable all poor and middle class students to pursue higher education of their choice without any constraints of funds, a fully IT based Student Financial Aid Authority is proposed to be set up during the year 2015-16.
With a move to up the employability of youth, the government will launch a National Skills Mission through the Skill Development and Entrepreneurship Ministry.

The Mission will consolidate ski..
Read More
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