Dr.T.V.Gopalakrishnan , Mumbai , says: The budget 2012-13 is for the survival of the Govt and not for the revival of the economy which is sagging for the past few years for want of proper direction and crucial policy decisions. The fiscal target fixed is not only unrealistic and cannot also be sustained if one were to go by the past records.The expenditures are not under control and the subsidies for food,fertilisers and fuel are absolutely unmanageable.Economic growth alone is the solution for many of the problems including fiscal deficit and unfortunately the budget proposals and domestic and external environment do not favor an excellent growth prospects. The economy has to put up with all these problems till political stability is established first which is a stupendous task as of now.
19 Mar 2012, 1919 hrs IST
(This is in response to the opinion poll in Et dated19/03/12).
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