Ramaswami

This Blog is about the democratic movements in India. Its only aim and objective is to fight against the anti-people policies of the ruling class.

Saturday, March 2, 2013

THE 2013-14 budget fails to address the major concerns of the people and economy in the current context. The Economic Survey underlines the fact of rising prices especially food inflation, widening current account deficit, low investment and savings and increasing dependence on foreign funds. The potential workforce in the waiting should be provided gainful employment that demands public investment in sectors such as in agriculture, small scale sector and rural development. The budget however lacks imagination to think beyond the neo-liberal prescriptions and relied exclusively on reducing fiscal deficits by curbing expenditures and on unrealistic projections on revenue mobilisation in the context of lower growth.

March 03, 2013


Ramaswami at 5:53 AM
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