Saturday, March 3, 2007

Budgetery Times…….

Ones who would have read ‘A view from outside’ by Mr. P Chidambram would certainly agree that he has not done justice to his stature and respect. The trio of PC, M Ahluvalia, and Mr Manmohan Singh were certainly capable of ‘Big Bang reform’ as our finance minister would call it. None of finance minister in the history of India would have ever got golden chance of presenting a budget when GDP is growing by leaps and bounds, foreign exchange has touched an all time high, FDI inflows have touched double digit in billions and engines of various industries may it be services, telecom or retail are firing all their cylinders in full throttle. Mr PC has certainly lost the opportunity after a stupendous run the previous fiscal.

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