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Steps likely today to boost consumer spending, growth

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  • Budget
    Pranab Mukherjee gives final touches to the Union Budget.

    The Budget will be peppered with other sops to promote inclusivity such as — building of 100,000 urban houses for the poor at a cost of some Rs 1,500 crore and an income scheme for the old age — besides a significant increase in the outlays for other flagship programmes such as Jawaharlal Nehru National Urban Renewal Mission and the National Rural Health Mission.

    For Nandan Nilekani’s Unique Identification Number project, the Finance Minister is likely to set aside Rs 200 crore in the Budget. Mukherjee will make a specific mention of the project given its scale and importance.

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    Steps likely today.......By: P V Francis | 06-Jul-2009 Reply | Forward The Indian consumer is not likely increase his spending unless He feels that he has saved enough so steps to promote savins should peceed steps to boost spending.Indians value their money and that is why the nation has survived inspite of successive governments making a mess of its finances.
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