Best time for a bold Budget

The Indian economy recovered smartly from the global economic slowdown, buoying hopes that it had achieved an inherent momentum. However, since the last Budget, India’s GDP expansion has deflated and concerns about maintaining the ‘core’ growth rate are being expressed. Thus, the task for the upcoming Budget is to unequivocally reinvigorate the India growth story. Given that it is the first Budget for the 12th Plan, it also has to meet high growth aspirations of 9%.

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