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Getting a good deal on a house, somewhere in the suburbs? Check if it costs you less than Rs20 lakh. Because, in that case, you stand to save 1% of the interest burden on your home loan.
The identification numbers, Nilekani said, will not only provide an identity to citizens but also help them in obtaining benefits of government schemes.
Nilekani said the first set of database will be ready in 12 to 18 months time as announced by finance minister Pranab Mukherjee in his budget speech.
The finance ministry has floated a discussion paper on the issue, indicating the government's intention of implementing the measure at the earliest.
In a letter to prthe PM Kumar said that "some of the issues which are central to our development strategy do not find any mention in the union budget".
DNA
Just a little:In his two hour budget speech finance minister Pranab Mukharjee devoted less than two minutes to national security and defence|
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| Year | Fiscal | Revenue
(As % of GDP) |
| 2003-04 | 4.5 | 3.6 |
| 2004-05 | 4.0 | 2.5 |
| 2005-06 | 4.1 | 2.6 |
| 2006-07 | 3.4 | 1.9 |
| 2007-08 | 2.7 | 1.1 |
| 2008-09(RE) | 6.0 | 4.4 |
| 2009-10(BE) | 5.5 | 4.0 |
| Quarter | Trade deficits ($billion) | Current account deficits ($billion) |
| Q1-FY08 | -22.0 | -6.7 |
| Q2-FY08 | -21.2 | -4.3 |
| Q3-FY08 | -26.1 | -4.5 |
| Q4-FY08 | -22.3 | -1.5 |
| Q1-FY09 | -30.5 | -9.0 |
| Q2-FY09 | -38.5 | -12.8 |
| Q3-FY09 | -36.3 | -14.6 |
| Year | growth in % |
| 2003-04 | 8.5 |
| 2004-05 | 7.5 |
| 2005-06 | 9.4 |
| 2006-07 | 9.6 |
| 2007-08(QE) | 9.0 |
| 2008-09(RE) | 6.7 |
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