The Rediff Budget Chat Transcripts
'The Budget has been pro-banking sector'
-Chanda Kochhar, Executive Director, ICICI Bank.
'Budget has made a sincere attempt in deepening G2 reforms'
-Jiban K Mukhopadhyay, Economic Adviser, Tata Services Limited.
'Budget is becoming more about fiscal mgt, less about policy'
-Vetri Subramaniam, senior VP, Kotak Mahindra Mutual Fund.
'Easier repatriation, higher infrastructure spending will help FDI'
-Sai Sreekanth, CTO, Axcend, VC.
'Budget has nothing to stimulate growth'
-Sunil Alagh, managing director, Britannia Industries Limited.
'There is no drastic change in policies'
-Sudhir Jalan, CMD, Bells Control Ltd and former president, FICCI.
'I will be making a statement regarding dismantling of APM'
-Ram Naik, Minister for Petroleum and Natural Gas.
'This is a balanced Budget'
-Rajan Mittal, joint managing director, Bharti Enterprises.
'Budget is astute and commercially savvy'
-R S Lodha, president, FICCI.
'Why attack kerosene and gas users?'
-R Vaidyanathan , professor (finance), IIM-B.
'No effort to improve investment or productivity of capital'
-Professor B B Bhattacharya, additional secretary (economic advisor), PMO.
'Budget reiterates govt's commitment on reforms'
-Pradipto Ghosh, additional secretary (economic advisor), PMO.
'We were having unrealistic expectations from the Budget'
-Pradeep Dokania, executive vice president, DSP Merill Lynch.
'Budget will have good long-term impact on our country'
-Pankaj Seith, Head-Marketing, HDFC Standard Life Insurance.
'The Budget is encouraging for the steel sector'
-Naveen Jindal, MD, Jindal Steel and Power Limted.
'The Budget has not done enough'
-N Kumar, vice chairman, Sanmar group and past president CII.
'Budget is by and large negative for the common investor'
-K V S Manian, COO, Kotak Mahindra Finance.
'This Budget has a lot of positive things'
-Motilal Oswal, MD, Motilal Oswal Securities Ltd.
'In the given situation, FM tried his best'
-Kirit Somaiya, BJP Member of Parliament.
'The Budget is clearly anti-middle class'
-K Ganesh, CEO, CustomerAsset.
'It is a decent Budget directionally'
-K B Chandrasekhar, CEO, jamcracker.
'Budget says a lot; question is its implementation'
-Jerry Rao chairman and CEO, Mphasis BFL.
'This is a mixed Budget of sorts'
-Harish Bijoor, COO, Zip Telecom.
'Second generation reforms will continue in this Budget'
-Dr U Sankar, noted economist and former director, Madras School
'I rate this Budget as the worst since 1947'
-Dr Subramaniam Swamy, Janata Party President.
'Budget does not show direction for the future'
-Dr Isher Judge Ahluwalia, director and CEO, ICRIER.
'Can we put full responsibility on Mr Sinha's shoulder?'
-Deena Mehta, former acting president, Bombay Stock Exchange.
'The Budget is not at all exciting'
-Chirayu Amin, CMD, Alembic Ltd and past president FICCI.
'Why should taxes be tampered with every year?'
-Arvind Jolly, president, Indian Merchants Chamber.
'Increase in defence allocation sounds good'
-Air Marshal S K Sareen, former Indian Air Force Chief.
'The Budget is a step in the right direction'
-Arun Firodia, chairman, Kinetic Engineering Ltd.
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The Rediff Budget Special
Run-Up To The Budget