Union Budget 2013-2014: Foreign Trade..!

􀂉􀂉 Support to measures to be taken to boost exports of goods and services.

FINANCIAL SECTOR

􀂉􀂉 A standing Council of Experts to be constituted in the Ministry of Finance to

analyse the international competitiveness of the Indian financial sector.

Banking

􀂉􀂉 Compliance of public sector banks with Basel III regulations to be ensured.

 Rs.  14,000 crore provided in BE 2013-14 for infusing capital.

􀂉􀂉 All branches of public sector banks to have ATM by 31.3.2014.

􀂉􀂉 Proposal to set up India’s first Women’s Bank as a public sector bank. Provision

of  Rs.  1,000 crore as initial capital.

􀂉􀂉  Rs.  6,000 crore to Rural Housing Fund in 2013-14.

􀂉􀂉 National Housing Bank to set up Urban Housing Fund.  Rs.  2,000 crore to be

provided to the fund in 2013-14.

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