Budget Updates : Finance Minister’s First Thirty Minutes
- Three challenges listed out by honourable Finance Minister of India in his budget speech.
- Besides..
- Renewable energy ministry outlay significantly increased
- Power sector outlay is proposed to be doubled.
- RBI considering new banking licences..
- Growth rate in last quarter at 18.5% in manufacturing sector is highest in 2 decades
- Public Sector Dilution to gather more pace…
- Relief Package is not expected to be withdrawn.
- GST postponed to April 2011
1. High GDP Growth to 9 % and move to double budget
2. To make development more inclusive, food security
3. Bottleneck of public delivery system, and weakness of the administrative system
