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Budget blues

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

The above analysis shows that there is a clear cut watering down of policies from what is desired to what is feasible. In which case, hard times are ahead, post-budget. It is indeed ironical that when the budget is supposed to herald transparency in policies and draw a road map for higher growth, it is virtually ending up doing just the reverse! This trend, in turn, would not only affect the corporate bottom-lines, but also ends up adversely affecting the kitty of the government.

Corporate sector


blues

Higher tax rates are adversely affecting the corporate sector -- particularly the manufacturing segment. Ever rising competition is limiting the corporate manoeuvrability in terms of price and volume, thus affecting its tax-generating potential. The government's policy to squeeze this sector further will be detrimental

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

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