Over to the RBI

The Budget 2013-14 presentation is over. Dissecting the details, it is the growth assumptions that leave one gasping. Everything has to turn out to be more than just right in order for nominal GDP growth to be 13.4 per cent. Regarding expenditure details, the finance minister could have done more, a lot more. In both his 1997 budget and his 2004-5 budget, P. Chidambaram...

Read Full Story>>