Wednesday, July 8, 2009

Rate the Budget 2009- 10

I give it a 7 out of 10 considering the following factors:

It is not the time to look at the budget being sector specific at this point of time. It is necessary to understand the overall state of the nation which needs to follow inclusive policies at this juncture. The recession has still not loosened its grip and hence the following factors needs to be looked at, at this point of time and I am happy it has been taken care of my by our honourable minister:

1. Bring up the sectors which have been hit the most like infrastructure and IT.
2. To bring up the standards of our economy in sectors like education and healthcare to be ready to be a high potential Investment platform in the near future( when recession looses its grip).
3. And to remain a partially closed economy when it comes to sensitive sectors like insurance and banking.

Please provide your rating rationales

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