Budget over, reforms to resume after polls
The UPA govt steered clear of tackling economic reforms opposed by its Left allies in this week's 2006/07 budget, preferring to hold fire until state elections are over in May, analysts say.
The Budget is on expected lines. It is a continuum Budget. In fact, most of the experts were of the view that a “no change” Budget would actually be a good Budget.
The finance minister has taken advantage of strong economic growth and the economy’s healthy state to bring the fisc back on track for achieving FRBM targets.