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Hits and misses of Budget 2010-11

Source : SIFY
Last Updated: Sat, Feb 27, 2010 04:20 hrs

Hits for this Budget

  • Fiscal deficit contained at 5.5% inline with our estimates

  • Disinvesment target increased from Rs.30,000 crore to Rs.40,000 crore

  • Curtailment on borrowings at Rs 381409 crore from Rs 386344 crore

  • Increasing focus on rural infrastructure to help in inclusive growth of economy

  • Reductions in Individual tax rates to result in more disposable income for individuals

  • Reduction in surcharge on domestic companies to boost bottom line

  • Decline in subsidy burden to help control fiscal deficit

    Budget news | Budget gallery | Special: Budget 2010

Misses for this Budget
  • Oil sector deregulation

  • Increase in MAT from 15% to 18%

  • Inflation concerns ignored at cost of growth

  • Muted flagship programs, requires more clarity

  • Food inflation left at the mercy of rainfall

  • Limited measures to boost agri output

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  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
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