1

Highlights of Union Budget 2014:

1. Fiscal deficit target for 201415 at 4.1% of GDP and 3.6 for 201516 and
3% for 201617
2. Revenue Deficit seen at 2.9% for FY15
3. Aim to achieve 78 per cent economic growth rate in next 34 years: FM
4. Committed for growth of agriculture at the rate of 4 per cent.
5. Defense FDI cap raised to 49% from 26% at present
6. Exemption limits on income tax from Rs. 2 lakh to Rs. 2.5 lakh.
7. For senior citizens, the exemption on income has been raised to Rs. 3
lakh per annum.
8. Taxfree cap on home loan interest from Rs. 1.5 to Rs. 2 lakh.
9. No change in Income tax rates and slab .
10. Annual PPF ceiling to be enhanced to Rs 1.5 lakh, from Rs 1 lakh
11. Women Safety:
i. Outlay of Rs. 50 crores for a pilot scheme on road safety
ii. Another 150 crores to be spent by MHA on safety on women in larger
cities
iii. 'Beti Bachao, Beti Padhao Yojana' 100 crores12. Rs 3600 cr set aside
for National Rural Drinking Water: FM
13. Rural housing: Rs 8000 crore for national housing banking programme
14. Metro rails in PPP mode; Rs. 100 cr set aside for metro scheme in
Ahmadabad and Lucknow
15. Each year government will be adding AIIMS to ensure there is an AIIMS in
every state: Jaitley
16. Rs 100 crores to set up virtual classrooms.
17. Rs 500 crores for setting up 5 more IIMs and IITs
18. FM Proposes to enhance the scope of income tax settlement commission
19. Rs 7,060 crore allocated for building new cities
20. Rs 200 crores credit scheme for startups by those from scheduled
castes and tribes
21. 15 Braille press to come up.
22. Currency note with Braillelike signs
23. Minimum pension of Rs.1000 per month to all PP schemes.
24. Rs 50,548 cr proposed for SC development
25. Bharat Swach Yojna proposed for hygiene and cleanliness.
26. Rs. 200 crore for Statue of Unity, a statue of Sardar Patel in
Gujarat.
27. Rs. 1000 cr for irrigation plan named Pradhan mantri krishisichayin
yojana.
28. evisa for nine cities.
29. Rs. 7060 cr for creating smart cities.
30. Assam and Jharkhand to get Centre of Excellence on farming
31. Rs. 100 crores for modernization of Madrasas
32. Jaitley announces Skill India, a programme to train youth for jobs
33. Rural housing: Rs 8000 crores for national housing banking
programme

34. Senior Citizens Pension Plan Extended Till August 2015

35. Rs. 500 crore for price stabilization fund.
36. 100 soil testing laboratories across the country.
37. Agriculture University in AP and Rajasthan, and Horticulture
University in Haryana, Telangana; Rs. 200 cr set aside
38. An AIIMS will be created in every state.
39. All six new AIIMS are functional. Four more AIIMS under consideration. 12
more medical colleges will be added. Rs. 500
crore allocated for this.
40. Govt allocates Rs 500 cr for Internet connectivity in villages
41. Crisis Management Center for women at Delhi
42. Start up village at Rs 100 crore to promote entrepreneurship among
rural youth.
43. Rs. 14,389 crores for PM Sadak Yojana
44. Rs 200 crore allocated to set up six textiles clusters
Important Committees in News:
1. Nachiket Mor Committee: to permits NBFCs to work as Business
Correspondents of banks.
2. Deepak Mohanty Committee: on Data and Information
Management in the Reserve Bank of India
3. K.K. Mehrotra Committee: to inquire gas leakage in Bhilai Steel
Plant.
4. PJ Nayak: to review Governance of Boards of Banks in India. The
committee was constituted under the chairmanship of P. J. Nayak.
He is a former Chairman and CEO of Axis Bank.
5. M P Bezbaruah: to suggest suitable remedial measures to address
concerns regarding security of people from North East.
6. B. Sambamurthy: panel favours single mobile banking app on all
SIMs. Panel recommended that customers should not be required
to visit the bank branch for mobile number registration.
7. Vijay Kelkar Committee was appointed by the Petroleum and Natural Gas
Ministry to prepare a road map to make India
selfsufficient in oil and natural gas by 2030.
8. Vishnu Sahay committee: look probe into the Muzaffarnagar communal
violence.
9. Urjit Patel Committee to examine the current monetary policy
framework
10. Mukul Mudgal member panel to probe IPL spotfixing
11. Nachiket Mor committee on comprehensive financial services for
small businesses and lowincome households.
12. Justice A.P. Shah committee : to head panel on road safety
13. Anil Kaushal committee: to examine the recommendations made by
the TRAI on pricing of Spectrum.
14. Bimal Jalan panel : to scrutinize applications for new bank licenses.
15. Parthasarathi Shome. for Tax Administration Reform Commission
(TARC), Suggest a system to enforce better tax

compliance
16. Kirit Parikh panel : on fuel pricing has suggested that the diesel prices
should be increased by Rs 11.50 a litre every month
as against the 4550 paise monthly hike followed currently.
17. K U.B. Rao : the idea of setting up Bullion Bank or Bullion Corporation of
India
18. Arvind Mayaram Panel: report on the alleged irregularities at the National
Spot Exchange Ltd (NSEL)
19. Arvind Mayaram Committee for giving clear definitions to Foreign
Direct Investment (FDI) and Foreign Institutional
Investment (FII)
20. Suma Verma Committee to update, and revise the Banking
Ombudsman Scheme, 2006
21. Damodran Committee: on improvement of customer services in banks
22. Shri M. Narasimham Committee: on Banking Sector Reforms
23. Shri Raghuram Rajan Committee: on Financial Sector Reforms,
24. Shri B. Mahapatra Committee: to review the existing prudential
guidelines on restructuring
of advances by banks/financial institutions
25. Shri Aditya Puri Committee: Dissemination of Credit Information
26. Shri K.U.B. Rao Committee: recommended aligning gold import
regulations
27. K M Chandrasekhar committee : for rationalization of foreign investment
norms
28. Shri Pulak Kumar Sinha Committee: to study the feasibility of Aadhaar as
an additional factor for authentication of card present transactions
29. Mukul Mudgal Committee: looking into US giant Walmart's lobbying
activities to enter India
30. MBN Rao Committee: to prepare the blueprint of Indias first womens
bank
Books & Their Authors
1. The Substance and the Shadow: written by Uday Tara Nayar, a former
journalist.
Note: The Substance and the Shadow, the biography of 91yearold actor
Dilip Kumar.
2. Warrior State written by T V Paul
3. Blood Feud written by Edward Klein
4. A Bad Character: authored by Deepti Kapoor.
5. The Good, the Bad and the Ridiculous Khuswant Singh
6. Train To Pakistan Khuswant Singh
7. An Uncertain Glory: India and its Contradictions Jean Dreze and Amartya
Sen.
8. A Brush with Life Satish Gujral
9. A Bend in the river V.S. Naipaul
10. God of Small things Arundhati Rai
11. Inheritance of Loss Kiran Desai.

12. Joseph Anton Sulman Rushdie (Autobiography)

13. KhushwantnamaThe Lessons of My Life Khushwant singh
14. Lajja Taslima Nasrim.
15. My Unforgettable MemoriesMamata Banerjee
16. My Years with Rajiv and Sonia written by R.D.Pradhan
17. ModiNomics: Inclusive Economics, Inclusive Governance: authored by
Sameer Kochhar.
18. Crusader or Conspirator? Coalgate and other Truths authored by PC
Parakh 19. The Accidental Prime Minister: The Making and Unmaking of
Manmohan Singh authored by Dr. Sanjaya Baru
20. Lal Bahadur Shastri: Lessons in Leadership written by Pavan Choudary .
21. Rationalised Roman for Kashmiri written by Dr. R L Bhat
22. Narendra Modi: A Political Biography written by Andy Marino.
23. Public Issues Before Parliament written by Vijay Darda
24. The Political Economy of Energy and Growth authored by Sh. Najeeb Jung
25. India at Risk: authored by Jaswant Singh.
26. Unbreakable An Autobiography by Mary Kom
27. The Luminaries by: Eleanor Catton. She won the Man Booker Prize 2013.
28. Walking With Giants: authored by former Finance Secretary
G.Ramachandran.
29. "I am Malal : authored by Christina Lamb.
30. "Not Just An Accountant By Vinod Roy
31. One Life is not Enough by Natwar Singh

Headquarter of International Organisation

UNO New York
UNICEF New York
UNESCO Paris
WHO Geneva
UNFPA New York
SAARC Kathmandu World Bank Washington D.C
ADB Manila
IMF Washington DC
WTO Geneva (Switzerland)
Organization of the Petroleum Exporting Countries
(OPEC) Vienna (Austria)
Association of South East Nations (ASEAN) Jakarta
(Indonesia)
NATO (North Atlantic Treaty Org)Brussels (Belgium)
AsiaPacific Economic Cooperation (APEC) Singapore
United Nations Conference on Trade and Development (UNCTAD) Geneva
United Nations Industrial Development Organization (UNIDO ) Vienna
International Court Of Justice The Hague (Netherland)
International Atomic Energy Agency Vienna

International Committee of the Red Cross Geneva

International Maritime Organisation London
Food and Agricultural Organisation Rome (France)
World Meteorological Organisation Geneva
Amnesty International London
Commonwealth of Nations London

Important Currency and country

A. Afghanistan Afghani Argentina Peso Australia Dollar Austria
Europeaneuro
B. Bangladesh Taka Bhutan Ngultrum Brazil Real
C. Canada Dollar Chile Peso China Yuan Cuba Peso
D .Denmark Krone, E. Egypt Pound F France Euro. G .Germany Euro, H.
Hong Kong Dollar
I.India Rupee Indonesia Rupiah IMFSpecial Drawing Rights Iran Rial Iraq
Dinar
J .Japan Yen L Lithuania Euro, M. Malaysia Ringgit Maldives Rufiyaa Mexico
Peso
N. Nepal Rupee Netherlands Euro Norway Krone North Korea Won
P. Pakistan Rupee Philippines Peso Portugal Euro
Q. Qatar Riyal , R. Russia Ruble
S. Saudi Arabia Riyal Singapore Dollar South Africa Rand South Korea Won Sri
Lanka Rupee Switzerland Franc Syria Pound
T. Thailand Baht Turkey Lira
U .Ukraine Hryvnia UAE Dirham UK Pound USA Dollar
V. Vatican Euro
Z Zimbabwe Dollar
Most Commonly Celebrated - The International Days, The World
Days, The National Days & The Special Days
Sr.
Month
Date
Days Celebration
NO.
1
January Jan 1
Army Medical Corps Establishment Day (India)
2
January Jan 8
African National Congress Foundation Day
3
January Jan 10
World Laughter Day
National Youth Day (Birth day of Swami
4
January Jan 12
Vivekanand)(India)
5
January Jan 15
Army Day (India)
6
January Jan 25
International Customs Duty Day, India Tourism Day
7
January Jan 26
Republic Day (India)
(Martyr's day) Mahatma Gandhi's Martyrdom Day
8
January Jan 30
World Leprosy Eradication Day (India)
9
February Feb 2
National day of Srilanka
10 February Feb 2
World Wetlands Day
11 February Feb 4
World Cancer Day

12
13
14
15
16
17
18
19
20

February Feb 5
February Feb 14
February Feb 24
February Feb 28
March
Mar 3
March
Mar 4
March
Mar 8
March
Mar 9
March
Mar 10

21

March

Mar 12

22
23
24
25
26
27
28
29
30
31

March
March
March
March
March
March
March
March
April
April

Mar 15
Mar 16
Mar 19
Mar 21
Mar 22
Mar 23
Mar 24
Mar 26
April 5
April 7

32

April

April 13

33

April

April 14

34
35
36

April
April
April

37
38
39
40
41
42
43
44
45

Kashmir Day (Organized by Pakistan)

St. Valentine's Day
Central Excise Day (India)
National Science Day (India)
National Defence Day (India)
National Security Day (India)
International Women's Day
CISF Raising Day(India)
United Kingdom Commonwealth Day
Mauritius Day
Central Industrial Security Force Day (India)
World Consumer Day
National Vaccination Day (India)
World Disabled Day
World Forestry Day
World Day for Water
World Meteorological Day
World Tuberculosis Day
Bangladesh Liberation Day
National Maritime Day (India)
World Health Day
Jallianwallah Bagh Massacre Day (1919) (India)
Anniversary of Titanic sinking
Fire Extinguishing Day (India)
World Heritage Day
World Earth Day
World Books Day

April 18
April 22
April 23
1st
January Tuesday of World Asthma Day
May
May
May 1
International Labour Day (May Day)
May
May 3
International Energy Day
May
May 5
World Athletics Day
International Red Cross Day (It is celebrated to
commemorate the birth anniversary of the founder
May
May 8
of the
Red Cross Organisation Jean Henry Dunant)
May
May 9
Europe Day
May
May 11
National Technology Day (India)
May
May 12
International Nurses Day
May
May 15
International Family Day

46
47
48
49
50
51

May
May
May
May
June
June

May 17
May 18
May 24
May 31
Jun 5
Jun 20

52

June

Jun 26

53

June

Jun 27

54

July

Jul 1

55
56
57
58
59
60
61
62
63
64
65
66

July
Jul 2
July
Jul 4
July
Jul 11
August Aug 6
August Aug 9
August Aug 12
August Aug 13
August Aug 14
August Aug 15
August Aug 19
August Aug 20
August Aug 29
Septemb
Sep 5
er
Septemb
Sep 7
er
Septemb
Sep 8
er
Septemb
Sep 14
er
Septemb
Sep 15
er
Septemb
Sep 16
er
Septemb
Sep 19
er
Septemb
Sep 21
er
Septemb
Sep 24
er
Septemb Sep 25

67
68
69
70
71
72
73
74
75
76

World Telecom Day

International Museum Day
Commonwealth Day
World No Tobacco Day
World Environment Day
United Nations World Refugee Day
International Anti Drugs Day and International Day
in Support of Victims of Torture
World Diabetes Day
Doctor's Day I India)
Canada Day
World Sports Journalists Day
American Independence Day
World Population Day
Hiroshima Day
Quit India Movement Day (India)
International Youth Day
Lefthanded Day
Pakistan's Independence Day
India's Independence Day
World Photography Day
Sadbhavna Divas (India)
Sports Day (Dhyanchand's birthday)(India)
Teacher's Day (India)
Forgiveness Day (India)
International Literacy Day
Hindi Day (India), World First Aid Day
International Day of Democracy
World Ozone Day
International Talk Like A Pirate Day
Word Alzheimer's Day
International Day of Peace
World Heart Day
Social Justice Day (India)

78
79
80
81
82
83
84
85

er
Septemb
Sep 27
er
October Oct 1
October Oct 2
October Oct 3
October Oct 4
October Oct 5
October Oct 6
October Oct 8
October Oct 9

86

October Oct 10

87
88
89

October Oct 12
October Oct 13
October Oct 14

90

October Oct 15

91
92

October Oct 16
October Oct 17

93

October Oct 20

94
95

October Oct 24
October Oct 30

96

October Oct 31

77

97
98
99
100
101
102
103
104

Novemb
er
Novemb
er
Novemb
er
Novemb
er
Novemb
er
Novemb
er
Novemb
er
Novemb
er

Nov 7

World Tourism Day

International Day for the Elderly (UN)
Gandhi Jayanti, International Non-violence Day
World Nature Day
World Animal Day
World Teacher's Day
World Wildlife Day
Indian Air force Day (India)
World Postal Day
World Mental Health Day
National Post Day (India)
World Sight Day
World Calamity Control Day (UN)
World Standards Day
Global Handwashing Day
World White cane day (guiding the blind)
World Food Day
International Poverty Eradication Day
National Solidarity Day (China attacked India on
that day)
United Nations Day
World Thrift day
Halloween
National Integration Day (In memory of Indira
Gandhi)
Infant Protection Day (India)
World Cancer Awareness Day

Nov 9

Pravasiya Bharatiya Divas/Legal Services Day

Nov 10

Transport Day (India)

Nov 14

Children's Day (India)

World Diabetics day

Nov 16

International Day for Tolerance

Nov 20

International Children's Day

Nov 26

Law Day (India)

Nov 30

Flag Day (India)

105
106
107
108
109
110
111
112
113

Decemb
er
Decemb
er
Decemb
er
Decemb
er
Decemb
er
Decemb
er
Decemb
er
Decemb
er
Decemb
er

Dec 1

World AIDS Day

Dec 3

International Day of Disabled Persons

Dec 4

Navy Day (India)

Dec 7

International Civil Aviation Day

Dec 9

International Anti Corruption Day

Dec 10

Human Rights Day

Dec 11

UNICEF Day

Dec 14

National Energy Conservation Day (India)

Dec 23

Kisan Divas (Farmer's day) (India)

Mother'day 2nd Sunday of May: Father'day 3nd Sunday of June:

Daughter's Day is an event celebrated on various days in many places
around the world. International Daughter's Day is celebrated on
September 4 every year. Mother-in-Law Day' is celebrated on the 4th
Sunday in October. Friendship Day is celebrated on the first Sunday of
August every year Grandparents Day is celebrated on first Sunday in
month of October in United Kingdom & on first Sunday after Labour Day in
the United States.