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Pranab Mukherjee starts Budget speech, India waits in hope

Discussion in 'World Economy' started by tariqkhan18, Mar 16, 2012.

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  1. SpArK

    SpArK SorCeroR Staff Member ADMINISTRATOR

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    Budget 2012: 5 best and 5 worst per NDTV experts


    Pranab Mukherjee presented his seventh Budget amid lots of hopes. Here are the five best and worst announcements in this year's Budget according to NDTV experts.

    Five best:


    • Negative list for services
    • Subsidies at 2% of GDP
    • Tax free infra bonds
    • Foreign borrowings for low-cost housing
    • Expansion of venture capital


    Five worst:


    • Fiscal deficit at 5.1% of the GDP
    • Allocation of divestment proceeds
    • Growth projection at 7.6%
    • Subsidy payment by cash vouchers
    • Increase in agricultural credit
     
  2. MINGXIA

    MINGXIA REGISTERED

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    public go by planes.. good.

    and intruders.. how many killed so far?? u have a stupid government.
     
  3. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    I think that's an ok decision.
     
  4. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Fiscal deficit at 5.1% of the GDP, thats something to worry about.
     
  5. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    Seems ok- foreign money and tax breaks for infra and housing to drive growth. The other stuff to keep voters happy until elections. Not a bad balancing act I guess.
     
  6. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    Yes it not like an ordinary man buys Big Cars or sedans.
     
  7. DaRk KnIght

    DaRk KnIght Lt. Colonel ELITE MEMBER

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  8. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    I know we have a dull government,
    thats why they will be voted out of power in the next elections,


    BTW, when will the next elections in china will be held. :azn:
     
  9. DaRk KnIght

    DaRk KnIght Lt. Colonel ELITE MEMBER

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    Double Post.
     
  10. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    Lots of incentives- medical devices, coal, silver, textile machinery etc.
     
  11. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    They'll pick up. Nothing miraculous but a steady state is very favorable in these times.
     
  12. DaRk KnIght

    DaRk KnIght Lt. Colonel ELITE MEMBER

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    The main problem with the share markets is investment from Mauritius(Because of DTAA). It is eating our revenue. There is no tax on almost 35% investment returns in share markets.
     
  13. Manmohan Yadav

    Manmohan Yadav Brigadier STAR MEMBER

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    I was talking about Share markets,
    they need financial incentives,
    like reduced lending rates.
     
  14. tilopa

    tilopa Lieutenant SENIOR MEMBER

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    it is just a preparation buddy...india has army and air force bases in south india also so does that mean anyone is going to attack from there? After sri lanka the only place straight is antartic circle surrounded by thousands of miles of indian ocean...no danger still there are military bases!

    And plus the same can be asked why china is doing the same in that area and aksai chin?
    Did the xinhua state run(communist fagots) media told you so?
     
    Last edited: Mar 16, 2012
  15. Nick 779

    Nick 779 Captain SENIOR MEMBER

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    30 Billion is enough against China and 10 billion against Pakistan.
     
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