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Budget Review - 28 February 2011
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Budget for FY12 presented was neither populist nor reformist in nature and has tried to manage
expectations of different quarters. Given the situation the FM has done a good balancing job to try and
control inflation without hurting growth. We believe it does not change much for the capital markets as
the budget did not involve any major surprises either on the positive or negative side. The only worry for
the markets would be how the FM intends to get the fiscal deficit down to the targeted figure.
Budget Estimate - Increased expenditure, Lower Market Borrowing & Fiscal Deficit:
For further information on budget, kindly provide your name, email id and phone number.
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Refresh Finance Citizen (RFC)
Refresh Finance Citizen (RFC) is a finance conscious, community oriented go-getter, who not only wants to exude financial sense but also create a platform for others to understand the nuances of the green buck.
What we provide is a platform for you to write your opinions, facts and learn from other's experience and knowledge.
What you need to do is simply write a 350-400 page report, essay, opinion sheet or let us just say anything that you want to share in the great field of finance and we would love to publish it (after it is verified by our team of researchers) with your name.
The jury would decide the best article and would dedicate one complete micro-site to the winner every month. Well that's just a way from our side to say THANK YOU.
Let us share knowledge. Let us Refresh Finance.
Team IIFM.
Watch out RFC coming soon.
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