Disivestment target Rs.25,000 crore

Budget highlights

PTI | February 26, 2010


Finance Minister Pranab Mukherjee
Finance Minister Pranab Mukherjee

Highlights of Finance Minister Pranab Mukherjee's budget speech:

* Government will raise Rs.25,000 crore from disinvestment of its stake in state-owned firms.

* Earnest endeavour to implement General Sales Tax in April 2011.

* Indian economy now in a far better position than it was eight years ago.

* India weathered economic crisis well.

* Need to review stimulus imparted to econony.

* Need to review public spending and mobilise resources.

* High food inflation due to bad monsoon & drought conditions.

* Steps being taken to tackle price rise.

* Economy in far better position than it was eight years ago.

* First challenge is to quickly revert to 9% high GDP growth.

* Second to make growth more inclusive and consolidate gains.

* Impressive recovery in past few months.

* Economy stabilised in Q1 of 2009 itself.

Comments

 

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter