Expectations that various sectors and the common man is eyeing in this budget.
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Chidambaram, speaking to reporters, also said the fundamentals of the Indian economy had not changed and asked investors to wait for the April-June quarter growth numbers due at the end of the month.
The Budget 2013 will be placed in the Parliament on February 28. Though the Budget this year is expected to be exceptionally austere, the corporate honchos have dished out their wishlists.
The Budget, by itself, has a limited ability to finance the country's infrastructure needs. However, its ability to create an enabling environment for raising capital and project development is increasing.
What senior citizens expect from budget.
The issue of farmer suicide has been in public domain since a decade, thanks to journalists like P Sainath. But Chhattisgarh was never highlighted as a problem state. It is a new state after all. Relief packages for farmers have till date gone only to four states -- Maharashtra, Andhra Pradesh, Karnataka and Kerala.
If he expects the states to take steps for controlling inflation, he should also respect the country's federal structure and not assume a veto power at the GST Council.
India has a high and rising current account deficit rather than a surplus; fiscal deficits far exceed anything close to prudent; and the inflation numbers have exposed India as an embarrassing outlier among emerging market countries.
What students expect from the Budget.
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