ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Education, Agriculture and Subsidies: Long on Words

The opportunity provided by high growth and a comfortable revenue situation to make a serious attempt to boost allocations for education and agriculture has been allowed to slip away. The high priority status accorded to these sectors in the budget speech is not backed by numbers. Instead the numbers have been played around with - such gimmickry only serves to make budgets lose their credibility. Further, the track record of the government fails to inspire confidence that the fiscal targets will be attained. One cannot help but conclude that Budget 2007-08 appears to be long on words alone.

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