CNBC-TV18's special pre-budget show "Priceline" puts the spotlight on the country's top-of-the-line economists and policymakers on to find out their perspective of what the economy wants from the Budget 2011. The show is called Priceline because the economy today wants a halt to the relentless rise in prices.
The budget, as the foremost economic financial statement of the government, pushes interest rates up or down by the size of its deficit. If it spends more than it earns, it borrows heavily from banks, pushes up interest rates. It creates demand faster than the production of goods and thus, can also fan inflation. Nevertheless, in a few hours the budget will have to take into account the new realities on subsidies, on growth and on inflation. So what should the governmentDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
