Pranabda has put his best and honest efforts to rescue Indian economy and eroding further; market players wants profits only profits - like T-20 game during powerplay time; patience will give decent profit and those who have invested yesterday from the level 4330 to down 4170 - averaging; will not loose their capital and would earn profits in July for nifty holdings; and good profits on stocks invested yesterday and today
FM have done a very good job in the most difficult time at the shortest possible time. Expecting magic out of him shall be too much. Within the given resources FM have done well and deserves full marks for his daring budget to cover the rural and urban poor in a great style. Three cheers.
Pranabda has put his best and honest efforts to rescue Indian economy and from eroding further down; market players wants profits only profits - like T-20 game during powerplay time; patience will give decent profit and those who have invested yesterday from the level 4330 to down 4170 - averaging; will not loose their capital and would earn profits in July for nifty holdings; and good profits on stocks invested yesterday and today
fiscal deficit, Fiscal Responsibility and Budget Management Act, and disinvestment which bothered the market and nation yesterday.......
i think the whole budget was quite designed in protectionist way to avoid any further slowdown in economy in a GLOBAL STAND...
only one thing which worries me is if the OBJECTIVES of the budget are not met....for example if the projects are not completed in time...then there is a major concern over the expected FISCAL dificit 2010....
if the OBJECTIVES ARE MET AND COMPLETED ..
then this BUDGET WILL STAND AN EXAMPLE TO THE WORLD FOR DOMESTIC CONSUMPTION AND GROWTH.......
it is a normal budget .. under recession times.. though economic survey is fantastic, the execution for acheiving that in these 8 months as a part of it is not so wonderful.. pretty normal...
During these global and domestic recession times, Pranabji had come out with the best possible budget to benefit the rural and urban masses. Persons like Pranabda deserve for their efforts to see that global recession does not affect the aam admi. Market too will realise this soon. There is a scope for some more economic stimulus too.
Kushhal
We have to view the budget with magnifying glass for any corporate advantage- as such JAI KISSAN with nutritional fertilisers,
1. The budget is in no way going to increase any employment opportunities
2. the budget is no way going to increase the effective demand (please do not say that income tax slab is increased)
3. Exports encouragement though seen - but it is like a mirage
4. G.S.T - C.S.T- OCTROI whether one will stay or all will stay- any idea from boarders welcome.
Iam really surprised how nine percent growth is projected with this budget.
Senor boarders please come out and enlighten
Cheers
Pitquote
Dear MMB messenger
My photo and Pranky photo still not uploaded. Please talk to MMB moderator on this and try to do some thing.
The union budget is no harm for common man.... in the same time no benefits given to stock market investors.... market /corporates expected too much from FM.... he may satisfy the marekt in the next budget....
Pl note that our FM is an epxperiened politician,he can not bhave like a buerocrat.... did his best and may be doing more in future.... he has another four years` budget proposals....
| NIFTY 
