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'Mungeri Lal's dreams will come true'

July 08, 2004 15:20 IST

"Yeh Budget Mungeri Lal ke sapne poore karega (This Budget will make Mungeri Lal's dreams come true)," Science and Technology Minister Kapil Sibal said on Thursday expressing satisfaction over its 'pro-common' nature.

"The Bugdet is pro-common and has tried to cover each and every sector with special focus on agriculture which employs the common man in huge numbers," Sibal said in New Delhi.

Terming the Budget as 'balanced,' the minister said adequate importance is given to agricultural sector which would empower the common man especially the farmers of the country to come forward and join the mainstream.

The 'growth-oriented' budget is expected to achieve a growth rate of about 8 per cent in the agricultural sector, he said.

On the subsidies expected in the field of biotechnology, he said: "We wished subsidies for the department as are extended to information technology but there are certain limitations under which one has to work."

He, however, said that the Budget has struck a balance between the agricultural sector and industries, he said, adding that "adequate importance is given to both the sectors."

With the schemes announced, the projected industrial growth has gone up to 10 per cent, he said.

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Number of User Comments: 11




Sub: No Impressive

Mr Sibbal not very impressive statement.


Posted by Puneet Jain





Sub: budget 2004-2005

Commenting on direct tax, those earning even just a rupee over rupees one lakh will be taxed. So naturally people will either refuse to earn ...


Posted by grace pinto





Sub: Mungheri Lal ke Haseen SAPNE

Come, come Mr. Sibal. You are now sounding like Laloo, sorry Lalu Prasad Yadav. Pray, what has Mungheri Lal got to do with the Union ...


Posted by Mohanbir Singh





Sub: Who's the real Mungeri La?l?

God Knows who's the real Mungeri Lal, the Janta or the UPA?? May be Sibal Sa'ab should think a bit before coming up with such ...


Posted by Kartikeya Singh





Sub: Budget is Superb

Till now we were concentrating on IT,Reforms in Banking,Telecom Now the turn of Agriculture focus has come. For this i would like to give credit ...


Posted by Srinivasulu




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