I think he has done a reasonably good job. Announcements have been pretty much on expected lines. He may not have made big announcement but targeted non-tax receipts of more than 1 lac crores does mean that they would mop up whole lot of money from divestment. Also he has left some money in our hand by removing the 10% surcharge. Indeed, we were all expecting more, particularly on the home loan front. Let’s see if the opposition comes to our rescue during the discussions. Pranabda must have kept some give-aways on demand of the lower house….cheer up and get the nifty close to 4400 again….i need some money and need to exit.
There should be a strict discipline in spending budgeted expenditure. There is lot of pilferage. Common man only gets 30%. Rest goes into pockets of distributing channels. Also the quality is very poor.
finmin had made good calculation and utilized limited funds very carefully. overall our expectations are high, but let one more fin.budget go through him, the results will prove it.
Yes. The steps to contain inflation of CPI was not at all made. Though the inflation rate is in the negative trend the consumer price index is spiralling like anything. Cost of Rice, Toordall gone up beyond the reach of comman man. Effective steps ought to be taken immediately.
No...he ahd to be moderate..else the valuations for the coming years would not have been sustainable...He has laid a strong foundation this year...but we expect better in the next budget
| NIFTY 
