Saturday, May 11, 2013

Budget expectations 2013

It’s the last annual budget that the present Congress-led UPA government is set to table in the parliament before the nation goes for general elections next year. irrespective of whether the FM makes hard choices or not, ICMR attempts to find out what are the expectations from this budget of the middle aged indian living in a metro (45-60 years); clearly, the results should not be seen as recommendations but as simple responses

The Finance Minister will push for reforms...

A huge 98% of India (at least from our set of respondents) believes that the FM will push for reforms in this upcoming budget. Although there is an insignificant minority that believes there will be no reforms, there’s also a growing perception that the FM might not wish to rock the boat during these turbulent times.

Will agriculture receive a fair share of the budget?

Over the years, the share of agriculture in India’s total output has continuously reduced (from 21% at the start of the century to 14% last year). Ergo, the finance minister may attempt to provide impetus to the industry in this budge; his recent comments that ”agriculture and allied sectors are critical for inclusive growth” could be a pointer to that. Irrespective of that. 65% of India thinks so too.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
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