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Grant of Rs 14 bn for the National Highway Development Programme (NHDP) III towards developing four-lane road of 4,000 kms.
Rs. 4.5 bn allocated for the development of roads in the North-Eastern region.
Establishment of SPV to finance infrastructure projects in specified sectors.
Provision of Rs 15 bn for 'viability gap' funding for infrastructure projects.
Outlay of Rs 55 bn for the National Urban Renewal Mission, including a grant component of Rs 16.5 bn.
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Increase in allocations for National Highway Development Programme (NHDP) from Rs 93.2 bn in FY06 to Rs 99.5 bn in FY07.
54% hike in the budgetary support to the Bharat Nirman Programme, amounting to Rs 187 bn.
Increase in corpus of the Rural Infrastructure Development Fund to Rs 100 bn.
Grant of Rs 46 bn for the National Urban Renewal Mission.
Exemption under Section 10 (23G) of the Income Tax Act removed. The section exempted income by way of dividend, interest and long-term capital gains arising out of investments made in an enterprise engaged in the business of developing, maintaining and operating an infrastructure facility.
Plan allocation for Department of Shipping increased by 37% to Rs 7.4 bn to facilitate investment in National Maritime Development Programme (NMDP).
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Allocation towards Bharat Nirman increased by 32% to Rs 246 bn
Increase in provision for National Highway Development Programme (NHDP) by 7.2% to Rs 107 bn
Enhanced allocation for Jawaharlal Nehru National Urban Renewal Mission (JNNURM) to Rs 499 bn, an increase of 9%
Corpus of Rural Infrastructure Development Fund–XIII (RIDF) for FY08 raised to Rs 120 bn
Separate window for rural roads under RIDF-XIII to be continued in FY08 with a corpus of Rs 40 bn
Utilisation of foreign reserves towards infrastructure development
Tax on dividend distributed by companies to be hiked from 12.5% to 15%
Additional education cess of 1% to fund secondary and higher education
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