| Kippreport.com

India’s budget to promote growth

March 1, 2011 4:26 by shafeer

India’s government has its hopes set high; Finance Minister Pranab Mukherjee has unveiled the country’s 2012 budget and says that the economy is expected to grow at 9 percent in the next fiscal year.

With worries over inflation grabbing the headlines, the budget also includes some anti-inflationary measures. Moreover, Mukherjee promised action on food security and pledged an increase in social spending.

The 2011/2012 budget just announced is arguably the government’s best chance before the next election to implement major change – time will tell if it succeeds.

Read more: India protests against fuel price hike

Source: BBC

Tags: India 2012, India economy, India finance minister, India government, India growth, India’s 2012 budget, India’s budget