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Montek Singh Ahluwalia, Deputy Commissioner of the Planning Commision, defending the ... Read full message
10.22 AM Jul 8th 2009  | Track
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Platinum Member
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Montek Singh Ahluwalia, Deputy Commissioner of the Planning Commision, defending the Union Budget said that investors should not judge the Budget by what was said in the speech as the high fiscal deficit this year is justified. He said that it is impossible for government to cut tax and reduce deficit at same time.
10.22 AM Jul 8th 2009
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Fiscal deficit of 4% in 2012 is long away period. People will get beggars before that. I think next year itself Fiscal should be brought down to 3%.
10.22 AM Jul 8th 2009
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