Finance Minister presented the much awaited maiden Budget of the new BJP-led government yesterday. Given the prevailing situation of low growth combined with high inflation and a large fiscal deficit, the budget was anticipated with a sense of hope and aspiration, the belief that it would ring in achche din, albeit in the long run. While the cash-strapped Government was not expected to announce massive sops for industry, it was nevertheless hoped that the Budget would provide directional clarity ..
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