Friday, February 26, 2010

Pranab Mukherjee to present Union Budget in Parliament today

NEW DELHI - Amidst high expectations Union Finance Minister Pranab Mukherjee will on Friday present the General Budget for 2010-11 in Parliament, but inflation and the rising fiscal deficit remains a concern for the government.

The common man will, however, hope that there is no further burden in terms of taxes and appropriate steps are taken by the Centre to control food inflation.he export sector, which has suffered the most due to global melt down, will also be looking forward for some relief.

The Economic Survey 2009-10 presented on Thursday favoured the gradual rollback of stimulus measures that were introduced following the global economic meltdown in late 2008.

However on the eve of the Union Budget, Mukherjee talked about the measures that would be taken by the government to deal with 17.85 percent food inflation and certain aspects of the economy. (ANI)

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