Sunday, July 20, 2014

Budget NDA 2014-15

Budget 2013-14 presented by Mr. Arun Jaitly Finance Minister.
Major Challenges already exist in Indian Economy.
That’s are
1. Fiscal Deficit
2. Growth Rate
3. Inflation
4. Current A/C Deficit
5. Foreign Reserve
6. Food Inflation

I think there are no new features in Budget, only financial management. More focus on savings, revenue generation, and financial inclusion through banking. This is not a socio economic budget. There is not increase in subsidy. If we talk about earning people some happiness I can see but if we talk about BPL People there is no feature.
I have not seen implantation of “Food Corridor”, Enhancing of agriculture. Yes, strong assistance of corporate.
Ultimately I can say this is so…so… Budget. We can see clarity of action of NDA in next Budget.

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