Hits and misses of Budget 2010-11

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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