Chidambaram promises‘responsible’ 2013 Budget

[Backbencher]

Finance Minister P.
Chidambaram on Tuesday said
general elections are 15 months
away and the Budget to be
presented in February will be
“responsible”.
Addressing global investors, on
the fourth leg of his overseas
road-shows that began last
week, he said the government
will implement many of the
decisions and changes in the
run-up to the polls.
Mr. Chidambaram said during
the meeting the investors
expressed reservations over
political stability and capacity
of the government to take
reforms forward. They pointed
out that elections are due in
2014 and “will be falter in the
run-up to the elections“.
“I assured them that the polls
are 15 months away and that
the Budget that will be
presented in February will be a
responsible Budget, that we will
implement many of the
decisions and changes in the
run-up to the polls,” he told
reporters after the meeting.
Mr. Chidambaram said there is
no reason for the investors to
doubt that “in the run-up to the
polls we will be anything but
responsible”.
Mr. Chidambaram said if one
went by the number of people
attending the conferences and
questions they asked, it clearly
showed there was enormous
interest in and goodwill for
India.
Both in Frankfurt and London,
the investors want India to
recapture what it achieved
between 2004 and 2009.
“I sincerely hope that these
road-shows have helped to
answer their questions,
clarified their doubts and
stimulate interest in India,” he
said.
Asked whether Vodafone tax
controversy figured during the
investor meeting, he said
Vodafone figured only
peripherally.
“They were more concerned
about fiscal consolidation,
policy to address structural
issues and stalled projects and
how we are going to remove
these roadblocks and get them
started,” he said.

Chidambaram promises

 

[indian_foxhound]

Why there was no “responsible” budget from last 4 years??
better we should call it election winning budget rather than calling “responsible”
congress started many so called "yojana" without giving a thought of source of money to start that program. wasting tax payer money and ultimately causeing raise in cost of general commodity. poor programming of congress costing comman people...

 

[batmannow]

Finance Minister P.
Chidambaram on Tuesday said
general elections are 15 months
away and the Budget to be
presented in February will be
“responsible”.
Addressing global investors, on
the fourth leg of his overseas
road-shows that began last
week, he said the government
will implement many of the
decisions and changes in the
run-up to the polls.
Mr. Chidambaram said during
the meeting the investors
expressed reservations over
political stability and capacity
of the government to take
reforms forward. They pointed
out that elections are due in
2014 and “will be falter in the
run-up to the elections“.
“I assured them that the polls
are 15 months away and that
the Budget that will be
presented in February will be a
responsible Budget, that we will
implement many of the
decisions and changes in the
run-up to the polls,” he told
reporters after the meeting.
Mr. Chidambaram said there is
no reason for the investors to
doubt that “in the run-up to the
polls we will be anything but
responsible”.
Mr. Chidambaram said if one
went by the number of people
attending the conferences and
questions they asked, it clearly
showed there was enormous
interest in and goodwill for
India.
Both in Frankfurt and London,
the investors want India to
recapture what it achieved
between 2004 and 2009.
“I sincerely hope that these
road-shows have helped to
answer their questions,
clarified their doubts and
stimulate interest in India,” he
said.
Asked whether Vodafone tax
controversy figured during the
investor meeting, he said
Vodafone figured only
peripherally.
“They were more concerned
about fiscal consolidation,
policy to address structural
issues and stalled projects and
how we are going to remove
these roadblocks and get them
started,” he said.

Chidambaram promises

wrong thread, take it to indian thread instead!

 

[Backbencher]

wrong thread, take it to indian thread instead!

I would request the mods to please transfer the thread to the desired section