Major positives of this budget are:
•Major growth drivers this year would be agriculture, services, manufacturing, education & defense
•Increased Rural road development is positive for auto industry
•More emphasis on education by allocating Rs 40900 crore for Bharat Nirman Scheme
•JNNURM will be spending about Rs 11842 crore in this financial year
•Rural Jobs scheme would be provided with Rs 30100 crore in this financial year
•Steps to encourage private placements in infrastructure via PPP
•Interest subvention of 2% for export heavy industries like textiles, handlooms, gems & jewellery, SME and marine products have been extended till September 2009
•The government has relaxed the Fiscal Responsibility Budget Management (FRBM) targets to counter global economic slowdown
Major negatives of this budget are:
•It will be difficult both for domestic and foreign investors to raise money as no reforms have been laid out
•Infrastructure developments had been levied only to government institutions leaving out no specific scope for private investors to raise money easily out in this market
•Industry reforms were missing especially for various sectors like infrastructure, manufacturing, banking, exports which led to a steep fall in stock market for two consecutive days correcting to about 5.5%
•Finance Ministry has relaxed fiscal responsibility and budget management standards reflecting that its not going to be a progressive year
•During crisis or slowdown taxes should cut to relax the burden of common man but it’s not an aam-aadmi budget
•Additional plan expenditure has to increase by 0.5-1% a post poll which is next to impossible and it is expected to go up by 4-5% atleast
•Budget revenue deficit seen at 4%, fiscal deficit at 5.5%-currently at 6%
•Budget plan spending is very limited need to be increased after elections
•Industry production fell by 2% in 2008 & left out completely and is expected to a major fall in this period
•Challenge related to FDI & FII capital flows along with meeting inflation target of 4%
•Industrial growth fell by 2% on yearly basis still nothing much has been done in this budget
Subscribe to:
Post Comments (Atom)
Posts
10 comments:
thanks for the capsule version :)..i usually get confused reading budget news ;)
Hi !.
You re, I guess , probably very interested to know how one can collect a huge starting capital .
There is no need to invest much at first. You may begin earning with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
The firm incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with structures everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your choice That`s what you wish in the long run!
I feel good, I began to get income with the help of this company,
and I invite you to do the same. It`s all about how to select a correct partner utilizes your money in a right way - that`s it!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://ewyverix.lookseekpages.com/tekywid.html
and lucky you`re! Let`s take this option together to feel the smell of real money
I wish not acquiesce in on it. I over precise post. Particularly the designation attracted me to read the unscathed story.
Genial brief and this enter helped me alot in my college assignement. Say thank you you as your information.
[url=http://www.kfarbair.com][img]http://www.kfarbair.com/_images/_photos/photo_big8.jpg[/img][/url]
בית מלון [url=http://www.kfarbair.com]כפר בעיר[/url] - שלווה, [url=http://www.kfarbair.com/about.html]חדרים[/url] מרווחים, אינטימיות, [url=http://kfarbair.com/services.html]שקט[/url] . אנו מציעים שירותי אירוח מגוונים כמו כן יש במקום שירות חדרים המכיל [url=http://www.kfarbair.com/eng/index.html]סעודות רומנטיות[/url] במחירים מפתיעים אשר יוגשו ישירות לחדרכם...
לפרטים נא גשו לעמוד המלון - [url=http://kfarbair.com]כפר בעיר[/url] [url=http://www.kfarbair.com/contact.html][img]http://www.kfarbair.com/_images/apixel.gif[/img][/url]
Brim over I assent to but I about the brief should have more info then it has.
Hi!
You may probably be very curious to know how one can manage to receive high yields on investments.
There is no initial capital needed.
You may begin earning with a sum that usually is spent
for daily food, that's 20-100 dollars.
I have been participating in one company's work for several years,
and I'm ready to share my secrets at my blog.
Please visit blog and send me private message to get the info.
P.S. I make 1000-2000 per day now.
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]
Good brief and this enter helped me alot in my college assignement. Gratefulness you seeking your information.
Nice fill someone in on and this enter helped me alot in my college assignement. Thanks you on your information.
Good afternoon
Finally you can sell your used and new products FREE on the new advance http://www.BuySellDirect.net
Talk about the "low hanging fruit" you will be picking baskets full
Post a Comment