Indian Union Budget announcement for 2011 and 2012
Indian Budget for 2011 and 2012 that has to be presented by Honorable Union Finance Minister in Parliament on Monday, 28th Feb 2011 this month. Once IT related submitted by the organization, it may then time for Indian Union Budget submission for 2011 & 2012 from Finance Minister on end of Feb 2011.
Budget in India for 2011 and 2012
You may find relevant link from the below link given.
Last year budget and Key Features of Budget 2010-2011
Old BUDGET Challenges
1 To quickly revert to the high GDP growth path of average per cent and then find the means to cross the 'double digit growth barrier'.
2 To harness economic growth to consolidate the recent gains in making development more inclusive.
3 To address the weaknesses in government systems, structures and institutions at different levels of governance.
OVERVIEW OF THE ECONOMY
1 India among the first few countries in the world to implement a broad-based
counter-cyclic policy package to respond to the negative fallout of the global
2 The Advance Estimates for Gross Domestic Product (GDP) growth for 2009-10
pegged at 7.2 per cent. The final figure expected to be higher when the third and fourth quarter GDP estimates for 2009-10 become available.
3 The growth rate in manufacturing sector in December 2009 was 18.5 per cent – the highest in the past two decades.
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