Comments on: Budget 2010: Time for annual guessing game Perspectives on South Asian politics Thu, 02 Jun 2016 08:03:22 +0000 hourly 1 By: datwanichand Wed, 17 Feb 2010 07:54:57 +0000 feb17’2010

with due respect to the finance ministry & all its members.

1. interest rates r too high in relation to global reality. reduce deficit spending that is driving up interest rates. prices are a result of energy cost unusual jump during last few years. it is not because of lax financial policy.
3.thru an act of parliament all funding to political parties must be legalised and tax rebateable/ deductable.
4.thru an act of parliament all helping legislations of unnecessary laws encouraging corruption must be done urgently. this will reduce poverty and help growth.
5.gnp growth is the result of all positive actions of governments that hv been in power and such actions must continue. gnp growth would be higher if decifits r reduced and interest rates allowed to reflect international cost of funds. must be liberalised and morals and values must be the core of the same to help discard the corruption that has been in built since independence due to failure of good value politics by all parties.
7. considering the masses to be stupid is a big mistake dont underestimate thier will and ability to increase growth and bring about changes

chand datwani

By: ashoka Sat, 13 Feb 2010 10:08:43 +0000 The finance minister will be right in taking back some of the stimulas given earlier as the Indian economy is doing well with GDP growth expectation of more than 7.5% for 2009-10 and 8 % for 2010-11.What is important today is to control inflation & fiscal deficit.With RBI hiking CRR by 75 basis point enough signals are given that the Govt mrans business.I expect the RbI to take some direct measures like hiking the repo rate by 50 basis point in near future.What i expect fm the budget is to increase the excise duty across the board by 2 % and 4 % on automobile ,cement and some luxury products.the finance minister may tinker with capital gain tax and stt rates also.Considering his past reputation of being a tough person ,i do not expect him to do anything to boost the capital markets.The markets according to me are going to fall heavily after the budget presentation.till then all the best .ashok ajmera,cmd ajcon global services ltd,a market analyst