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Created by : Ayan Choudhury, Sr/Principal Corespondent, Leading media House  | 02 24 2011 05:25:38 +0000
Industry : Radio, TV & FilmsFunctional Area : Politics(Personal Interests)
Activity:  260 views;  last activity : 03 05 2011 09:08:47 +0000

Mr. Pranab Mukherjee the Finance minister of India is all set to present the Budget for 2011-12 on February 28, the expectations are very high and the nation hopes this would be a path-breaking one especially given the various issues at home and the global political as well as economic uncertainties.

Also with the challenges such as inflation, price rise, higher interest rates, globally rising oil prices, and increasing fiscal deficit make it tough for the Finance Ministry to form a balanced budget; however, the budget will try to lighten the disgrace on the government caused by a series of corruption charges.  Will Finance minister deliver on expectations??

 
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I think he will......One of the main focuses of the budget is on the Railways. The Indian railways could not keep up the track record that it had under Lalu Prasad Yadav who had orchestrated a financial turnaround of the Railway department without hiking passenger fares.

Then infrastructure development being the key to future economic growth and to attain 8-10 percent GDP growth, investments in infrastructure will be given topmost importance through dedicated debt funds. Its high time that the government pulls up its socks and delivers what people exactly want and if they stop taking people for granted which they are doing all these years then everything will come out good and Mr. Pranab mukerjee will deliver on many expectations that people are having from this budget....


By Ayan Choudhury, Sr/Principal Corespondent, Leading media House  02 24 2011 05:25:38 +0000
 
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yes finance min. has driven our expectations
By KARUNAKAR SHUKLKA, CFA  | 03 05 2011 09:08:46 +0000
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He is in the ruling party, he is supposed to satisfy the expectations of his followers. May be a few, naturally in the opposite ally, find unfulfilled by the budget proposition. But, we believe his proposal will, by and large, keep the promise fullfiled.


By KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed  | 02 26 2011 08:47:29 +0000
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i believe too, as Direct Tax Code is one major changes and example.
By sabyasachi sm patra, MBA/PGDM student, MS Ramaiah Management Institute  | 02 25 2011 17:02:39 +0000
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He is competent for so.
By Santosh Kumar Mohanty, Civil Engineer-Municipal, Sambalpur University  | 02 24 2011 17:32:56 +0000
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As politician he must deliver and divert pressure from his government .


By Vidhu Dar, CEO/MD/Director, Shiva's Retreat  | 02 24 2011 11:05:03 +0000
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I think Ayan Finance Minister will be able to keep the high hope of Amm Admi.


By Rathin Deb, Freelance Retail Consultant  | 02 24 2011 07:03:53 +0000
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No, he fail to deliver.


By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 03 02 2011 12:39:25 +0000
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Have doubt in it... Hope we need another civilian war to enhance the security of our nation too...
By Nizamudheen V, Campus Relation Executive, Freshersworld.com  | 02 24 2011 11:25:04 +0000
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I doubt. His appointment as FM has some political considerations. He will work from that aspect whether it is useful for the people or not has nothing to do for him. I feel the budget is only an arithmetical gimmick. The results are far from the aspirations every time. Growth may be around 9%. But the inflation rate is squeezing.
By Srinivas suravajhala, Asst. Manager.  | 02 24 2011 06:29:15 +0000
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I am a chronic optimist. Yet, I doubt whether the FM will be considerate to the people, especially salary class except giving some minor concessions here and there. Since DTC is coming into effect by next year, the FM may not take chances this year.
By Suryanarayan Murthy, Asst Vice President (Corporate Finance), A Hydro Power Project  | 02 24 2011 06:04:04 +0000
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I am a chronic optimist. Yet, I doubt whether the FM will be considerate to the people, especially salary class except giving some minor concessions here and there. Since DTC is coming into effect by next year, the FM may not take chances this year.
By Suryanarayan Murthy, Asst Vice President (Corporate Finance), A Hydro Power Project  | 02 24 2011 06:03:31 +0000
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