The Hindu : The 2001-02 Budget
نویسنده
چکیده
ONCE AGAIN it is Budget time and the Union Government needs to put together some bold decisions for 2001-02. India’s political system is more than ever in consensus about the basic direction of reforms. The current Government enjoys a reasonably strong electoral mandate. A decade of opening of the economy has produced new dynamism, most dramatically in the information technology sector, but in others as well. GDP growth rates can be raised and sustained much beyond 6 to 6.5 per cent should certain critical reforms be implemented soon. In fact, India could certainly double per capita income during the current decade a goal the Prime Minister announced in his Independence Day speech last year. The Government lost the opportunity to announce some key reforms during last year’s budget its first year in office. With several Assembly elections due in the next few months, the 2001/02 Budget may also turn out to be disappointing.
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تاریخ انتشار 2011