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Union Finance Minister Pranab Minister on Friday presented the Union Budget 2010-11 in the Parliament Highlights of Union Budget 2010-11 are as follow: Textile ministry to train 30 lakh people Banks for all villages with population of 2,000 Health insurance to NREGA beneficiaries Smart Card extended to NREGA Indira Awas Yojana scheme's unit cost raised to Rs 45,000 in plain area and Rs 48,500 in hilly areas Allocated Rs 2,400 crore for MSMEs IIFCL to double refinancing banks for infra Rs 3675 crore education grant to states NREGA allocation to Rs 40,100 crore Power sector allocation doubled to Rs 5130 crore FDI regime to be simplified Rural development allocation increased to Rs 61,000 crore 25 per cent of plan outlay earmarked for rural infrastructure development Allocation for urban development increased by 75 per cent to Rs 5,400 crore in 2010-11 Pvt sector to meet foodgrain storage deficit Rs 100 crore woman farmer fund scheme Interest subvention for low-cost housing extended Tech advisor group under Nandan Nilekani National Commission for Delivery of Justice and Legal reform proposed Defence allocation at Rs14 lakh crore First set of UID numbers this year 15 per cent hike in planned expenditure, six per cent in non-planned Gross tax receipts: Rs 746 lakh crore 55 per cent fiscal deficit target Fiscal deficit to be brought down to 48 per cent this year 2009-10 fiscal deficit revised to 69 per cent.

Highlights of Union Budget 2010-11 (Part-III)