Moneycontrol
Mar 17, 2012 03:56 PM IST | Source: Moneycontrol.com

Budget News: Union Budget 2012-13 progressive but not aggressive, Unicon

Unicon Investment has come out with its report on Indian Union Budget 2012-13. As per the research firm banks, NBFCs & Financial institutions are expected to post healthy growth on the back of higher fund allocation.


Unicon Investment has come out with its report on Indian Union Budget 2012-13. As per the research firm banks, NBFCs & Financial institutions are expected to post healthy growth on the back of higher fund allocation.


The Finance Minister in the backdrop of global uncertainties and domestic constraints both economic and political presented a pragmatic budget, preserving the growth momentum of the economy (est. at 7.6% for FY13) by containing the high fiscal deficit to 5.1% in FY13. The budget seems to be more realistic and achievable and endeavors to focus on crucial sectors like agriculture, infrastructure and power to strengthen and revive the economy to achieve sustainable medium term growth. This would be implemented through.

Follow us on
Available On