Fiscal consolidation to be the top agenda on Budget
February, 25th 2010
Is the Budget going to be a more aam driven or you are going to expect more for corporate India?
I think my reading is very-very clear. They have very clearly laid down the agenda. They have got nothing more to ahead on to that.
Agenda No.1 fiscal consolidation by way of allowing the growth in the economy in to happen and in turn collect more amount of revenue and in turn bring down all those subsidies and bring up the kind of a collection through divestment or 3G auctions etc.
So that is a fiscal consolidation part. The second part is definitely I think rollout of GST & DTC . I think that is something which is going to be look forward to very-very clearly and the third important aspect what we are going to be seeing is the gradual withdrawal of stimulus in turn allowing the growth to continue.
Larger emphasis could be here in the growth on the social infrastructure side. So I think these are the three key agendas we probably look at from the finance minister tomorrow.