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Economy
Pranab Mukherjee, the stand-in Finance Minister, resorted to constitutional propriety and presented the Interim Budget without any significant change in the tax structure or any new spending scheme barring the extension of interest subvention relief of 2% to the export-led sectors. This measure will help export credit for sectors like textiles, leather, gems and jewellery, and of course, SMEs. Budgetary support has been increased for road and rail transport, power, defence and IT too. However, gross fiscal deficit and revenue deficit estimates for FY09 have been revised to 6.0% (from 2.5%) and 4.4% (from 1%), respectively. Gross fiscal deficit and revenue deficit estimates for FY10 are pegged at 5.5% and 4.0%, respectively. Meanwhile, in a knee jerk reaction, market fell over 3%, with realty, infrastructure and metal sectors taking the maximum beating. UPA has stayed within the conventional ambit of the Interim Budget and kept away from any big-bang announcement. A pre-election budget, indeed!
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
IIPM: History, and Founder Director Dr. M.K. Chaudhuri
IIPM New Delhi, The Indian Institute of Planning and Management, India
IIPM Placements New Delhi, India
IIPM New Delhi India
IIPM MBA Institute India
IIPM - International
Business and Economy - India's Most Influential Business and ...
Rankings IIPM, The Indian Institute of Planning and Management India
Management Certification, IIPM India
(IIPM) Management Education Institute India
Indian Institute of Planning and Management: IIPM New Delhi, India
For More IIPM Info, Visit below mentioned IIPM articles.
Detail of all IIPM branches
1500-plus IIPM students placed across the country with 44 bagging international offers
PLANMAN CHE (Centre for Higher Education)
IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
Why Study Abroad When IIPM Gives You 3 global Advantages!
Economy
Pranab Mukherjee, the stand-in Finance Minister, resorted to constitutional propriety and presented the Interim Budget without any significant change in the tax structure or any new spending scheme barring the extension of interest subvention relief of 2% to the export-led sectors. This measure will help export credit for sectors like textiles, leather, gems and jewellery, and of course, SMEs. Budgetary support has been increased for road and rail transport, power, defence and IT too. However, gross fiscal deficit and revenue deficit estimates for FY09 have been revised to 6.0% (from 2.5%) and 4.4% (from 1%), respectively. Gross fiscal deficit and revenue deficit estimates for FY10 are pegged at 5.5% and 4.0%, respectively. Meanwhile, in a knee jerk reaction, market fell over 3%, with realty, infrastructure and metal sectors taking the maximum beating. UPA has stayed within the conventional ambit of the Interim Budget and kept away from any big-bang announcement. A pre-election budget, indeed!For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
IIPM: History, and Founder Director Dr. M.K. Chaudhuri
IIPM New Delhi, The Indian Institute of Planning and Management, India
IIPM Placements New Delhi, India
IIPM New Delhi India
IIPM MBA Institute India
IIPM - International
Business and Economy - India's Most Influential Business and ...
Rankings IIPM, The Indian Institute of Planning and Management India
Management Certification, IIPM India
(IIPM) Management Education Institute India
Indian Institute of Planning and Management: IIPM New Delhi, India
For More IIPM Info, Visit below mentioned IIPM articles.
Detail of all IIPM branches
1500-plus IIPM students placed across the country with 44 bagging international offers
PLANMAN CHE (Centre for Higher Education)
IIPM set to beat economic slowdown
IIPM Admission Detail
IIPM Programme :- SUPERIOR COURSE CONTENTS
IIPM INTERNATIONAL - NEW DELHI, GURGAON & NOIDA
IIPM - Admission Procedure
IIPM, GURGAON
IIPM : EXECUTIVE EDUCATION
Why Study Abroad When IIPM Gives You 3 global Advantages!
