Union Budget 2008-2009- Sector Impact

• Sector Impact
  
  Corporate Bond market to reduce Interest Costs: Positive For Infrastructure Companies
  
  10% Higher Defence Allocation: Positive BEL, BEML, Astra Micro, Zen, M&MSmart Cards for PDS, National Electronic Trading Projects: TCS, HCL in Focus
  
  NELP VII focus: Positive for E&P Cos and FDI in Oil & Gas Sector
  
  Higher Outlay for Swan Project; Focus Tulip IT
  
  Higher TUF Outlay: Positive Textile companies
  
  New T&D Fund; Positive for Areva T&D, Jyoti Structures, EMCO
  
  Urge To Open Bidding For Five More UMPP's: Positive for Power Generation Companies
  
  Subvention Payment To Neutralize: Negative Impact For PSU Banks
  
  Higher Rural Thrust; PSU Bank's Credit Quality To Be Impacted
  
  Farmer Oriented Policies: Positive For Oswal Chem, Deepak FertFarmer Oriented Policies: Positive For Advanta, Kaveri Seeds
  Shift To Nutrient Based Subsidy Mooted: Positive for Fertiliser Co's
  Govt To Waive Off Agri Loans; Negative For PSU Banks Crop Insurance Scheme for Tea; Positive for Jayshree Tea, Williamson
  Higher Rural Thrust; PSU Bank's Credit Quality To Be Impacted
  Higher Focus on Seed Cultivation; Positive for Monsanto, Advanta
  
  Higher Irrigation Outlay: Positive for Welspun Guj, Jindal Saw, Ratnamani
  
  Increased Subvention from Govt for Agri Loans; Positive For All PSU Banks
  
  Higher Agri Credit: Positive for Punjab Tractors, Jain Irrigation
  
  Increased Allocation to Bharat Nirman Program; Positive For Infra Sector
  
  Increase In Education Spending; Positive For Paper Prod, Todays Writing
  
  Increase In Education Spending: Positive For Malu Paper,Rama Newsprint
  
  Increased Focus On Health Sector; Positive For Pharma CosHigher Outlay For Polio, HIV Eradication; Positive for Panacea Biotech & Cipla
  
  Educational sector: Employment pool for KPO's will benefit IT sector
  
  20% Higher Outlay For Education; Positive for Educomp, Everonn, Aptech, NIIT, Navneet Publication