|
current
status | rescue
package | industry
expectations | the FM's mind | budget
blues |
report card | key
ratios
Although it is not possible to
precisely prognosticate on the budget, some crystal
ball gazing can be attempted. By now it is clear that
the budget is likely to be tough for almost all segments
of the economy. Earlier promises to effect corporate
friendly measures for revival of decelerating core industries,
enhancing savings/investment, etc. are now doubtful.
On the contrary, given the burden of earthquake rehabilitation
costs, additional levies are probably on the anvil.
The FM is, thus, in a position to squeeze all the possible
alternatives that will fetch additional funds, with
limited political opposition.
Against this backdrop, we anticipate the FM will indulge
in some tinkering in the budget. A list of such possible
measures, along with their likely impact on the economy
and industry, is presented in the matrix below:

current
status | rescue
package | industry
expectations | the FM's mind | budget
blues |
report card | key
ratios
|