India’s budget to promote growth
Explore every nook and cranny of India’s 2012 budget with BBC’S Nidhi Dutt.
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
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