Moneycontrol PRO
HomeNewsBusinessEconomyBudget will help raise level of 'aam admi': Lord Paul

Budget will help raise level of 'aam admi': Lord Paul

Leading NRI industrialist Lord Swraj Paul today hailed India's budget for the year 2011 as "growth-oriented" and said it would help raise the level of the "aam admi".

March 01, 2011 / 09:09 IST

Leading NRI industrialist Lord Swraj Paul today hailed India's budget for the year 2011 as "growth-oriented" and said it would help raise the level of the "aam admi".


Congratulating Finance Minister Pranab Mukherjee for making the budget "growth oriented", Lord Paul, Chairman of the Caparo Group, said: "He has provided enough opportunity, if properly implemented, that we can raise the level of the ordinary people, aam admi, who has been neglected so far".

However, he added that the devil in India always is in the implementation and hoped that Prime Minister Manmohan Singh will ensure that all possible is done by all departments to implement what has been provided in the budget without any leakage.

first published: Feb 28, 2011 07:26 pm

Discover 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!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347