ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Budget 2009-2010: Beyond Fiscal Rectitude

The Union Budget for 2009-10 travels the well-worn path of proposals and policies. Can we open our minds to new ideas and new possibilities?

Budget 2009-2010: Beyond Fiscal Rectitude d owngrading the Indian economy after the budget was presented, even though it issued warnings. Downgrading India (when the US and UK had at least the same order Vinod Vyasulu of decit in a situation of contraction) may not be good politics for them. India enjoys positive growth. This would put pressure

This article is based on a presentation made at an Interactive Session on the Union Budget at the Bangalore International Centre on 17 July 2009. I am grateful to S Varadachary for not only encouraging me to write this piece, but also for valuable inputs. I am not mentioning this to share blame for errors.

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