Part I – Budget Analysis (Basic sops and their term impacts)

This is the Part I of the five-part series on the Budget 2009 evaluation. This part will focus on Basic sops and their term impacts. Anirudh has analyzed some of the provisions in the budget for Hi-Tech industry and possible effects based on his understanding of its working.

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Budget – A figurative snapshot

1.       Fiscal Deficit 3.3% (3.7%) of GDP and Revenue deficit 1.5% (2%). 2.       Financial inclusion for additional 5 million farmers targeted. Allocation to bring additional 2.4 million hectares under irrigation. 3.       Aam Adami Bima Yojana introduced with govt. to share 50% of the premium – Rs.200 per year per person and balance to be funded [...]

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A Safe Budget

I’d like to hazard a guess that PC had two versions of the budget with election results almost coinciding with his tryst with the “aam admi”. And with the unpleasant result at hustings, he came out with the copy of budget that didn’t take any stern measures. That guess apart, an overriding visible concern was [...]

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Budget aashayein!

The steering of a country’s economy is in the hands of the finance minister and he shows his prowess with the wheels on 28th Feb. He is supposed to drive towards the country’s economic progress by negotiating deftly the turns and cuts thrown in by the nation in form of expectations. Let’s see what such [...]

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Budget Blues!

As a student of science I could never make out why my dad won’t allow me TV on the 28th of Feb. However it hardly bothered me for day was the birthday of my college crush. But later I realized the importance of the day to the economics of Valentine’s Day!  With hopes to make [...]

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