Hits and misses of Budget 2010-11

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

• 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