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Budget 09-10: Real Analysis

Question asked by sarveshgupta in #Coffee Room on Jul 11, 2009
sarveshgupta · Jul 11, 2009
Rank B1 - LEADER
Hey CEans how many of you are aware of the listings of the India Budget 09-10..
Among great expectations Pranab Mukherjee, Finance Minister of Congress 2

released the budget that poses to change the future of the world's largest democracy and bring it up from the deep waters of dull economic environment

He says his emphasis is on Demand Driven Growth?

Is he right in his decision to put the country into a fiscal deficit of a whooping 6.8 percent..
Will India be able to carve the path out of this darkness?
Is the risk too big?
Can we bank upon the FM's thinking?
WIll the things improve?

Will the Budget pull India out of the woods or will it push into more dark and more difficult times?

Comeon guys pour in your views/// Posted in: #Coffee Room
sarveshgupta · Jul 11, 2009
Rank B1 - LEADER
Although the IIP numbers released yesterday clearly indicate that the industry in doing it all to recover..
But the finer details show that the highest spurt that came since september was largely due to the 6% growth in consumer durables..
The other sectors continue to suffer and the capital goods are worst sufferer of the lot..
sarveshgupta · Jul 11, 2009
Rank B1 - LEADER
Our FM has kept the infrastructure sector still starving for funds

No Drastic reforms

Real Estate sector still looking for help

Am I sounding a criticiser?
No I am not I am happy with many things also..

I just want to put a thought whether the Budget has done enough for this fiscal to help our country..
sarveshgupta · Jul 11, 2009
Rank B1 - LEADER
Infrastructure sector is the backbone of our economy
Real and hard emphasis need to be laid on this sector(roads,highways,ports,airports)

they will help generate employment, save resources, improve connectivity, attract tourists, make a better place to live and travel but still the sector is starving

Infrastructure needs a mamoth amount of 1,92,000 crore which is far far more than what has been allocated...
sarveshgupta · Jul 11, 2009
Rank B1 - LEADER
The country needs power to sustain its growth and achieve its target but still the installed capacity is very less
and the addition of capacity every year is going at a bullock cart's pace

What is the solution?
How and when will the matters pick up the required speed, efficiency and attention
As of today country falls short os the Peak Demand by thousands of MW
sarveshgupta · Jul 12, 2009
Rank B1 - LEADER
Hey doesnt anyone want to chip in

What do you think guys
durga ch
durga ch · Jul 13, 2009
Rank A2 - PRO
I came to know INDIA is finally investing in 3G around 7.2 B $.
sarveshgupta · Jul 14, 2009
Rank B1 - LEADER
Ya but this is going on from quite a while now and BSNL and MTNL has already started the 3G operations
where as the private players will have to bid for the allocation of spectrum whose tentative base price is said to revised around 5000 crore

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