<h1>Union Budget 2012-2013: Boosting Investment, Infrastructure, and Industry with Key Reforms and Foreign Investment Initiatives.</h1> The Union Budget 2012-2013 focuses on enhancing the investment environment, infrastructure, and industrial development. Key initiatives include amendments to banking and insurance laws, a $4.5 billion investment in the Delhi-Mumbai Industrial Corridor, and the launch of a Rs. 5000 crore venture fund with SIDBI. The government also announced measures to support SMEs, handloom clusters, and low-cost housing. Efforts to attract foreign investment include considering 49% foreign equity participation in airlines and allowing ECB for various sectors. The budget proposes financial sector reforms, infrastructure investments, and measures to combat black money, while aiming to reduce subsidies and promote R&D.