Budgetreax

How will FM deliver 5.1% fiscal deficit target?

The Finance Minister sees FY13 fiscal deficit at 5.1 percent of the gross domestic product (GDP). But the number sound a tad bit unrealistic. Will the FM deliver?

Experts: Budget 2012 scores on realism, tanks on reform

Finance Minister Pranab Mukherjee announced that the government will try and bring down subsidies to 1.7% of GDP in the next three years.

Budget 2012: 'This is a token. No bold policies'

Indian business leaders bemoaned the increases in excise duties and service taxes as inflationary.