Y C Deveshwar's comment on Union Budget 2011
March 01, 2011
The Finance Minister has done a brilliant job of balancing the challenges confronting the economy and the opportunities that can ignite faster growth and progress of the country. He has sought to consolidate the fiscal deficit through growth stimulated by moderation in taxes thereby encouraging savings and investment. The measures proposed in the budget to expand the tax base would also provide a more robust source of future revenue accretion and competitiveness of the Indian economy. In addition, the Finance Minister has provided a strong impetus to inclusive growth by significantly investing in the long term drivers of the economy such as education, skill development, infrastructure and development of the rural economy.
