Christoph
01-03-07, 20:54
NEW DELHI, 1 March 2007 — India’s ruling Congress party unveiled a budget yesterday to boost stagnant farm output and combat inflation as it strived to make robust economic growth relevant to the nation’s poor. The budget described as people-friendly and growth-oriented by the government drew mixed reaction. Businessmen said their pleas to reduce taxes had been ignored while the opposition said the budget had nothing to mitigate the sufferings of the common man.
“The economy is in a stronger position than ever before,” Finance Minister P. Chidambaram told Parliament as he presented the budget for the fiscal year to March 2008. “I have put these revenues (from growth) to good use to promote inclusive growth, equity and social justice,” said Chidambaram whose government has pledged to put the “common man” at the top of its agenda.
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http://www.arabnews.com/?page=4§ion=0&article=92922&d=1&m=3&y=2007
“The economy is in a stronger position than ever before,” Finance Minister P. Chidambaram told Parliament as he presented the budget for the fiscal year to March 2008. “I have put these revenues (from growth) to good use to promote inclusive growth, equity and social justice,” said Chidambaram whose government has pledged to put the “common man” at the top of its agenda.
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http://www.arabnews.com/?page=4§ion=0&article=92922&d=1&m=3&y=2007