It is a very responsible Budget: Lord Paul
Quotes

It is a very responsible Budget: Lord Paul

Last Updated: Friday, March 1, 2013, 21:00
 
 Comment 0
 
It is a very responsible Budget: Lord Paul
London: Describing this year's General Budget in India as "very responsible", NRI industrialist Lord Swraj Paul on Friday said Finance Minister P Chidambaram has done a good job to keep everybody's confidence in the country's economy.

Commenting on the 2013-14 Budget presented by the Finance Minister on Thursday, Lord Paul said, "It is a good budget under the circumstances".

"It has to be accepted that the Finance Minister has done a good job to keep confidence of everybody in the Indian economy and also tried to deal with budget deficit and still make efforts to increase growth rate," Paul, Chairman of the Caparo Group, said.

"It is a very responsible budget under the circumstances," he added.

Presenting UPA-II's last full-fledged Budget ahead of next year's general elections to net in an additional Rs 18,000 crore, Chidambaram did a tight rope walk balancing growth needs with fiscal prudence by stepping up expenditure in social sectors and cutting subsidies.

PTI



First Published: Friday, March 1, 2013, 21:00


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved