Budget 2010 is a very special Budget because this is the first Budget of the new decade according to MoneyCentral article titled “Budget 2010: What Young India wants”. With the shadow of the recession looming across the globe, the new decade it is hoped will bring cheer especially for India.
Finance Minister Pranab Mukherjee said the government would make it a priority to reach 9% gross domestic product growth in the medium term and would seek to spend 9% of GDP on infrastructure development by 2014. Budget release was heavy on spending for farmers and the poor, a core constituency of the Congress party-led ruling coalition, funded by a surge in borrowing and an increase in the fiscal deficit to 6.8 percent of GDP.
In the run up to the budget 2009-10, Mint surveyed the India youth and asked what they want from the budget. Young and Restless India clearly want the existing policies to be implemented before introducing the new one.
Nandan Nilekani outsourcing guru and co-founder of Infosys is going to co-host along with CNBC-TV18’s Shireen Bhan a weekly series discussing everything from India’s infrastructure to India’s role in Globalization. The Imagining India select panel will include business professionals, venture capitals, economists, writers and sociologists.
Read about the youngest minister in Prime Minister Manmohan Singh’s Cabinet. At a young age of 27 she is a lawyer, environmentalist and also amateur photographer