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Budget Highlights-2

Budget Highlights-2

* Recapitalization of banks during next fiscal

  • Prudent fiscal policy needed, domestic demand should bhe raised, reforms need to be carried out
    • Farm, rural sector, infra and social sector to get more funds

    • Need to prioritize expenditure given recommendations of 7th Pay Commission and OROP implementation

       

    • Nine pillars for reforming India, among them agriculturre, social sector, education, infra, fiscal discipline, tax reforms

    • Presenting budget when global economy in a serious crisis (11:11)

    • Amidst global headwinds, the Indian economy has held its own

    • Converted challenges we inherited into oppoortunities

    • CPI inflation down to 5.4 percent from 9 percent plus, bringing big relief to the public

    • Forex reserves at highest-ever level

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