Monday, March 26, 2012

FIIS Investments

Dr.T.V.Gopalakrishnan , Mumbai , says: The budget is not attractive for investors in general and FIIS in particular. It has not helped to boost the business confidence as there are lot of irritants and scope for corruption.Nothing substantial in the budget to revive the economy through administartive,legal or financial reforms. Doing business is more complicated with the provision to reopen the cases relating to IT with retrospective effect.Overall the budget is not very imaginative to improve the economy by any measures.
This is in response to an opinion poll relating to FII's investments in ET dated 26/03/12.

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