India will “wind” down fiscal stimulus from next year as Asia’s third-largest economy recovers to growth of more than 7 percent, Prime Minister Manmohan Singh said today.
The Hindujas have hailed the Indian budget as one of "hope and change" and suggested that the shortfall of resources for achieving 9 per cent growth can be bridged.
The youth today understands that it’s their country, their budget. We thought to present you with the bulletins of the budget that you would be interested in, in a language that you would understand.
Pranab Mukherjee today said the government has taken the calculated risk of high fiscal deficit to help stimulate growth, but would strive hard to bring it down to 4 per cent in the next two fiscals.
Prime Minister Dr. Manmohan Singh on Friday said that Railway Minister Mamata Banerjee has done a highly competent job by presenting a pro-poor Rail budget.
The Union Budget 09-10 has received mixed reactions from various political corners. While Andhra Pradesh Chief Minister Y S Rajasekhara Reddy is in all praise, others aren't.
India's 2009-10 union budget disappointed players in the power and allied sectors who found it falling short of expectations, except for a hike in the government-run schemes.
With no mention of the retail industry in today's Budget, retailers consoled themselves by saying that in the long-term it would derive benefits from tax incentives and development programmes.
The new government outlined measures on Monday to speed infrastructure development and increased spending for farmers and the poor in its first budget. Corporate world had the following take on it.
The FM outlined plans to speed infrastructure development and unveiled increased spending for farmers and the poor in the first budget since the Congress-led government was re-elected convincingly.
India's service tax revenue is estimated to be flat at Rs.65,000 crore ($13.4 billion) this fiscal, Finance Minister Pranab Mukherjee said Monday while presenting the budget for 2009-10 in the LS
Pranab Da has got the chance to present the budget after a long pause. The last time he presented the budget was at the time of Indira Gandhi. Following are the highlights of the budget.
Mamta stated that the focus would be on providing passengers with better amenities, better toilets, good food at affordable prices, and ‘environmental-friendly’ clean toilets.