The country's 82 th, 8th Chidambaram's budget today
Day will present the budget at 11
New Delhi:Finance Minister P Chidambaram on Thursday the country will present the General Budget. It was his 82nd his eighth budget and the country's budget. Chidambaram presented today at the 11th Congress budget - to be presented in the last budget. Today's budget as well as the highest (8 times) Budget will become the second finance minister. Morarji Desai, who was just named record so far this budget has a record 10 times.Two tremendous challenges in front of the finance minister's budget.On one side, the state of the economy is not well and is difficult to control inflation, on the other hand they
Given the constraints of the next election is to make people happy, which some in the government budget populism will be giving gifts.Economic and commercial affairs experts in India is the need to control inflation. Gross domestic product, down from 9 percent in the last year has come down to around 6 percent, which is the subject matter of grave concern. Deficiency in the balance of payments is also an urgent need.
These people may Chidambaram expectations -
- Declaration of effective measures to tackle inflation
- Income tax exemption enlarged the scope of
-9 To 12 gas cylinder may
- Restrictions on school fees
- Not spoiled the family budget
- Keep in mind the budget of elderly
Economic Survey of more than 6 per cent growth Rhegiः
The first economic survey was introduced in Parliament on Wednesday. The government expects the economy to return next year. Rate from 6.1 to 6.7 per cent of GDP in fiscal year 2014 is estimated to be.In March, from 6.2 to 6.6 per cent inflation rate is estimated to be. Decline in inflation will be scope to cut interest rates. However, in the coming days to cut interest rates in rich countries may increase inflation.The economic recession has come to an end and there are signs of improvement in the economy. The economic recovery from the recession faster than they need to. However, fiscal and trade deficits soar concern. So, given the global situation will be necessary to increase the prices of diesel and LPG. Diesel prices are going to rise in inflation. But exports are unlikely to improve soon.Gold imports to reduce trade deficit reduction is needed. The Food Security Bill is a risk of the subsidy. Tax collections in fiscal year 2013 is estimated to be much lower than the budgetary target. The industry and to increase investment in infrastructure has become a major challenge. IIP growth is expected to improve in fiscal year 2014.
- Given the global market prices of diesel and LPG necessary to increase
- Maintaining an emphasis on subsidy cuts
- Inflation expected to be 6.6 per cent
- Domestic industries will be promoted
- The government's priority needs to check inflation
- 6.1 to 6.7 per cent growth rate is expected to remain
- The door will be opened to foreign investment
- Reducing the emphasis on gold imports
- Cost and Current Account deficit must be brought down.
- Scope to cut interest rates to inflation decreases.
- To import gold necessarily bridle.
- Need to increase the scope of tax
- The trade deficit in fiscal year 2014 is 4.6 per cent.
- Fiscal year 2014, the fiscal deficit is 4.8 per cent.
- Fiscal year 2013 is expected to be 6.6 per cent growth in the service sector.
- IIP growth in fiscal year 2014 is expected to improve.
- Foreign door open for FDI.
- Promote the agricultural sector focused on creating more jobs
- Food safety bill focused on bringing
Day will present the budget at 11
Given the constraints of the next election is to make people happy, which some in the government budget populism will be giving gifts.Economic and commercial affairs experts in India is the need to control inflation. Gross domestic product, down from 9 percent in the last year has come down to around 6 percent, which is the subject matter of grave concern. Deficiency in the balance of payments is also an urgent need.
These people may Chidambaram expectations -
- Declaration of effective measures to tackle inflation
- Income tax exemption enlarged the scope of
-9 To 12 gas cylinder may
- Restrictions on school fees
- Not spoiled the family budget
- Keep in mind the budget of elderly
Economic Survey of more than 6 per cent growth Rhegiः
The first economic survey was introduced in Parliament on Wednesday. The government expects the economy to return next year. Rate from 6.1 to 6.7 per cent of GDP in fiscal year 2014 is estimated to be.In March, from 6.2 to 6.6 per cent inflation rate is estimated to be. Decline in inflation will be scope to cut interest rates. However, in the coming days to cut interest rates in rich countries may increase inflation.The economic recession has come to an end and there are signs of improvement in the economy. The economic recovery from the recession faster than they need to. However, fiscal and trade deficits soar concern. So, given the global situation will be necessary to increase the prices of diesel and LPG. Diesel prices are going to rise in inflation. But exports are unlikely to improve soon.Gold imports to reduce trade deficit reduction is needed. The Food Security Bill is a risk of the subsidy. Tax collections in fiscal year 2013 is estimated to be much lower than the budgetary target. The industry and to increase investment in infrastructure has become a major challenge. IIP growth is expected to improve in fiscal year 2014.
- Given the global market prices of diesel and LPG necessary to increase
- Maintaining an emphasis on subsidy cuts
- Inflation expected to be 6.6 per cent
- Domestic industries will be promoted
- The government's priority needs to check inflation
- 6.1 to 6.7 per cent growth rate is expected to remain
- The door will be opened to foreign investment
- Reducing the emphasis on gold imports
- Cost and Current Account deficit must be brought down.
- Scope to cut interest rates to inflation decreases.
- To import gold necessarily bridle.
- Need to increase the scope of tax
- The trade deficit in fiscal year 2014 is 4.6 per cent.
- Fiscal year 2014, the fiscal deficit is 4.8 per cent.
- Fiscal year 2013 is expected to be 6.6 per cent growth in the service sector.
- IIP growth in fiscal year 2014 is expected to improve.
- Foreign door open for FDI.
- Promote the agricultural sector focused on creating more jobs
- Food safety bill focused on bringing
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