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Finance minister invokes Hamlet

Finance minister Pranab Mukherjee invoked Shakespeare during the budget presentation today to indicate the tough and perhaps thankless nature of his job.

Budget anti-people, reflects UPA's policy paralysis: Jaya

Dubbing the Union Budget as 'anti-people,' Tamil Nadu chief minister J Jayalalithaa today said it reflected the 'continued policy paralysis gripping' Manmohan Singh Government.

Focusing growth: FM chooses a cautious path

In the Budget, the finance minister has chosen to walk a cautious path while the focus on growth is maintained. Markets look forward to the Budget as the direction of policy is very crucial apart from the proposals for various sectors. Ranjeet S Mudholkar writes.

Allocations for social services rise but...

Among five key objectives outlined by Pranab Mukherjee to be addressed in the coming fiscal year was the need to address the issue of malnutrition in 200 high-burden districts.

States, panchayats must help implement schemes

In this year's budget, Pranab Mukherjee has essentially tried to consolidate the gains made as a result of the initiatives he had launched during the previous two budgets. Thus, in agriculture, there is no new initiative except increasing the target for agricultural credit to Rs. 5,75,000 crore during 2012-13. This represents an increase of over Rs. 1,00,000 crore from last year.

A moderate approach in difficult times

The budget has been presented in particularly challenging times — and not all challenges from the economy. Fiscal deficit and high inflation continue to be the twin evils plaguing the country.

Homing in on hot property for black deals

There is black money and black income, and there is corruption and bribery. These go hand in hand most of the times - but not always, Laveesh Bhandari writes.

FM scores perfect 100 to go along with Tendulkar

The finance minister has done it once again. Pranab Mukherjee has scored a perfect hundred to go along with Sachin Tendulkar’s much-awaited feat.

A good budget with emphasis on infrastructure, agriculture and healthcare

Pawan Goenka, president, automotive & farm equipment sectors, M&M on Pranab Mukherjee's budget.

Negative list in service tax net is a welcome move

According to the Economic Survey, the healthy growth rate of 10% registered by services sector has insulated India from the global slowdown.

A flawed vision of freedom and welfare measures

Between electoral analysis and the budget as a financial statement, the UPA needs a social budget of its eight-year tenure. As an experiment, the UPA was a tremendous collection of possibilities. Its social imagination was extraordinary, Shiv Vishvanathan writes.

Choosing the path of fiscal consolidation & continuity

Some of the themes that dominated the discussions before the Budget included pro-growth, pro-investment, conditions for rapid revival, addressing infrastructure bottle-necks, improved governance.

New scheme will aid equity flows to market

From a savings and investments perspective, the big news of the budget is the new Rajiv Gandhi Equity Scheme.

Could have done more to bring down inflation

The budget 2012-13 was prepared against the backdrop of high interest rates, inflation above the comfort zone of policy makers, slowing economy and impending pressure of elections in 2014. Above all, the economy faced a rising fiscal deficit.

Budget shows pragmatic path to growth

The Union Budget came at a time of slowing manufacturing growth, and a widening fiscal deficit, caused mostly by high oil prices. Private sector investment spending has almost halted. Even the Economic Survey says that it is imperative to quickly revive investment sentiment, and give a big impetus to industrial production.
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What do you expect from Budget 2012?

The Budget 2012-13 will be presented on March 16 by the Union finance minister Pranab Mukherjee. Share with us your views and expectations from the finance minister on this year's budget.