Wrong confirmation ID
  • Email
  • Favorite
  • Download
  • Embed
  • Private Content

Loading…

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

Of Reforms, Deficit And Inclusive Growth

by Indicus Analytics Private Limited on Jul 05, 2009

  • 808 views

Much is being expected from the first union Budget to be presented by the new UPA government’s Finance Minister, Pranab Mukherjee. The current slowdown has raised expectations among businessmen that ...

Much is being expected from the first union Budget to be presented by the new UPA government’s Finance Minister, Pranab Mukherjee. The current slowdown has raised expectations among businessmen that this budget will do something to help the economy get back to its 8 per cent-plus growth rates. Meanwhile, the constant references to inclusive growth by various ministers have made most anticipate a huge increase in social sector expenditure. The fiscal situation is not particularly pretty, but there is a school of thought that says one can ignore fiscal deficits in order to promote economic growth. In theory, the Union Budget is supposed to be nothing more than a statement of the government’s proposed expenditure and revenues for the year ahead. In practice, many finance ministers have used the budget speech to signal policy changes and reforms. What will this year’s budget look like? Four senior economists and policy watchers — Pronab Sen, chief statistician & secretary, Ministry of Statistics & Programme Implementation, Omkar Goswami, chairman of CERG Advisory,Abheek Barua, chief economist, HDFC Bank and Laveesh Bhandari, director of Indicus Analytics, debated the issues before the government for over an hour and a half with BW’s Prosenjit Datta and Rajeev Dubey.

Accessibility

Categories

Tags

stimulus laveesh inclusive reforms fiscal growth deficit budget

More...

Upload Details

Uploaded via SlideShare as Microsoft Word

Usage Rights

© All Rights Reserved

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate. If needed, use the feedback form to let us know more details.

Cancel

2 Embeds 9

http://www.indicus.net 7
http://indicus.net 2

Statistics

Favorites
0
Downloads
13
Comments
0
Embed Views
9
Views on SlideShare
799
Total Views
808
Post Comment
Edit your comment Cancel

Of Reforms, Deficit And Inclusive Growth — Document Transcript