The finance minister has through his staid Budget ensured the survival of UPA 2 for now. But at what economic cost?
The UPA remains a prisoner to coalition politics. And yet, the Congress has a lot of headroom for manoeuvre because no party wants an election now.
India Budget 2012: India should address structural issues and kickstart the second leg of reforms, says Janmejaya Sinha
The government’s proposal to amend its tax law retrospectively will affect Vodafone and even other large acquisitions of Indian assets might be up for review.
Sitaram Yechury on how the finance minister can balance the politics of the poor with the policies for the economy.
The government should cut deficit, take decisions without fear of corruption allegations, and push the reform agenda, says Arvind Panagariya.
This Budget will be the best opportunity for this government to take fiscally prudent decisions, as the next one would be the last before elections and, as a result, populist.