What Structural reforms will the Govt. do, What Bold decisions will they take, How will they improve investments?: Former Finance Minister P Chidambaram on Union Budget

Former Union Finance Minister P Chidambaram’s speech in the Rajya Sabha on the Union Budget, Excerpts:

  • Very unhappy democracy is suffering a blow every day.
  • Condemn what is happening in Karnataka and Goa.
  • This could have a very damaging effect on the economy.
  • I appeal to them to respect Democracy.
  • Quotes Bharatiyar and says I am very Happy she is the first Woman Finance Minister of India and doubly Happy she is from Tamil Nadu.
  • Refers to the Macro economic figures missing from the Budget Speech.
  • Economy could grow between 6.5 to 6.8%, which is not good for the bottom 20% of the population.
  • The projections of Tax collections are unrealistic.
  • The Economy is weak the Budget Speech is unsipid.
  • Expect the Govt to tell us
  • What Structural reforms, they will do
  • What Bold decisions they will take to revive the economy
  • How they will improve investments
  • To spur India’s growth to 8 % this year and to raise it to double digit 10% …