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Common Minimum Pranab

Finance Minister Pranab Mukherjee’s bold gamble of letting the fiscal deficit slip out of his hands may still have paid off had he articulated a vision for economic reforms in the debut Budget of the United Progressive Alliance II (UPA II) government. A further fiscal stimulus of Rs 40,000 cror ....Read more

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Wasted BudgetBy: k g rao | Monday , 6 Jul '09 20:32:14 PM Reply | Forward With all the blablaon the "aamadmi", neither the poor nor the middleclass have got anything from this Budget. The true character of this Government is slowly but surely emerging. The Congress has never been supportive of the salaried class and the middle class. They continue to be betrayed.Our vote has gone a BIG WASTE.

IS THIS AN AAM ADMI'S BUDGET?By: RVR Murthy | Monday , 6 Jul '09 20:22:28 PM Reply | Forward A very poor exercise by the Bengali babu. Waste of valuable time of the taxpayer. Increase in tax exemption limit by Rs.10000/- to others and Rs15000/- to senior citizens is pitiable. Oh! Bengali babu is also a senior citizen is this the reason?. Withdrawl of 10% surcharge is a boon to the aam Admi. Is this an aam admi's budget? Are you aware who is paying 10% surcharge? With the implementation of Pay commission Recommendations a lot was expected of this Bengali babu. He proved no better than a Bengali Communist. Regret for having brought the Congress back to power. Why Rs500 crores for rehabilitation of Tamils. This is nation's money and the taxpayer's money. Why spend this to rehabilitate people who are not of this nation.

What about middle class.?By: O.J.Thomas | Monday , 6 Jul '09 20:20:02 PM Reply | Forward The budget has frustrated the middleclass. there is no adquate concessions in the incometax.Why the deficit problem is left unattended is not explained too?

What about middle class.?By: O.J.Thomas | Monday , 6 Jul '09 20:18:17 PM Reply | Forward The budget has frustrated the middleclass. there is no adquate concessions in the incometax.Why the deficit problem is left unattended is not explained too?

Union BudgetBy: Praven k | Monday , 6 Jul '09 20:06:30 PM Reply | Forward Has enough amount been keept in the budget for the Quttorochis for the fiscal year! He may visit India any time and be ready to fly out with handsome amount.

Ghalib Gusthakhi MaafBy: Vikas Sharma | Monday , 6 Jul '09 19:56:05 PM Reply | Forward Mr. Mukerji's buduget with all due apologies to Mirza Ghalib is stated in this verse," Bahut Shor Suna Tha Is Budget Ka, Cheera to Aam Aadami Ka Khoon Paya"Mr. Obama is working overtime to use nation and its resources to turn the corporates around, Where as Mr, Singh and Mr. Mukerji is expecting and rather, waiting for corporates to turn around the nation.What is the point in goverment of this size and stature when they are admitting that to execute key projects they are expecting people from corporate world to come and take control. Is the goverment accepting the fact that its massive bureucracy is incapable of executing key project like UID project? What is the point in implementing the pay commisions recommendations in haste if we have no answerablity of this gignatic govt set up. As a taxpayer I will like rather the Goverment to awake and cut down its size in order to save on incapable bureaucracy and honest taxpayers money. "Ghalib Hai Is Sarkaar Ka Andazee- Kaam Kuch Aur"

Wasting money on DefenceBy: SUNIL K V | Monday , 6 Jul '09 19:49:18 PM Reply | Forward The Govt of India in its Union Budget is wasting a huge amount for the Defence for buying costly equipments for war fare. If this amount is spent for the poor, we can remove poverty from india. please think on this matter. Why spending such a huge portion of the budget for non fruitful purpose.

budget commentBy: ravi deshmukh | Monday , 6 Jul '09 19:45:01 PM Reply | Forward i think this good budget because mr. mukharji kept huge fund for creating infrastructre. it will generate employment through various projects.

Budget 09By: Dr.T.V.Mathew | Monday , 6 Jul '09 19:42:42 PM Reply | Forward While the budget focuses on 'inclusive growth' is it possible without sustaining the growth momentum. For quite sometime we worshiped at the shrine of economic growth.We recorded impressive growth in the neo-liberalist phase.We continued to sutain growth rate even in the midst of global economic meldown. Indian economy is no longer a sleeping giant. However after the budget India.inc appears to be somewhat dissatisfied, and this should have been avoided a bit with cuts in corporate tax and other incentive mechanisms to upturn the downturn.Unfortunately almost all our budgets are a mixture of 'good politics and bad economics'.Fiscal deficit is the measure with which international agencies like W.B. and IMF are going to rate us.Fiscal deficit has widened to 6.8 % of our GDP in 2009-10.One is reminded of Herbert Hoover said once "Blessed are the young, for they shall inherit the national debt'.

Team Manmohan is not upto expectationBy: Manish | Monday , 6 Jul '09 19:35:43 PM Reply | Forward If Team of Manmohan, pranab,montek and chidambaram cant produce the reformist budget whome we can rely on. vajpayee and Rao were better. In the definition of AMM adami the middle class is forgotten.

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