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A peak into the FM's mind

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

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