…..The corporate houses are expecting the Finance Minister to take policy initiatives towards development of infrastructure and agriculture sectors which contribute significantly to the GDP. There is a need to rein in the fiscal deficit, creating room for the RBI to lower the interest rates and give the economy the velocity it needs. “The Finance Minister certainly has to explore a new course for generating additional revenue, look beyond disinvestment in PSUs and ensure that tax burden does not increase to an extent that affect purchasing power……
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