Chennai Video
Latest Buzz...
Flash News
47th International Film Festival of India
The 47th International Film Festival of India will begin...
Apple CEO Mr Tim called on Mr Modi today
The CEO of Apple Inc., Mr. Tim Cook, called...
Bank employees to go on strike on July 29
Bank employees across the country will go on a...
Cyclone moves towards Bangladesh
Cyclonic winds bypassed the Indian coast and moved towards...
Summer Special Trains
Southern Railway will operate the following Suvidha special trains...

March 16th, 2012
Pranabji presenting Budget…

Pranabji is presenting budget with shoutings from opposition and intervened by the speaker to calm down the parliament.

He described the year gone by as “A year of recovery interrupted”

He has outlines five objectives of his budget as 1, Focus on domestic demand driven growth recovery
2, Create condition for growth, 3,Address supply bottlenecks, energy transport, road, power and civil aviation, 4, Tackle malnutrition
5,Expedite decision making for better governance and address black money problem

He feels that this is the time to take hard steps to reduce inflation expects the moderate development in 3 months, and expects GDP to grow 7.6% next year. From 2012-13 Food subsidy will be done fully. 1588 crore for capitalisation of PSU banks. Proposed to raise 30000 crore through disinvestment. Allow qualified forein investors to access Indias bond market. First infrastructure debt fund for 8000 cr established