Budget addresses inflation & gives push to reforms
Finance Minister Pranab Mukherjee today said his Budget proposals address the problem of high inflation and give a push to economic reforms.
February 28, 2011 / 18:02 IST
Finance Minister Pranab Mukherjee today said his Budget proposals address the problem of high inflation and give a push to economic reforms.
"I had to place the Budget in a situation where there is uncertainty in the international world (and) high food inflation - though in terms of percentage it has come down from 20.2 to 9.3 - but still it is unacceptable level," he told reporters after unveiling the Budget for 2011-12 in the Lok Sabha.Through the Budget proposals, Mukherjee added, he also tried to signal reforms without making any dramatic announcements."I wanted to convey a strong signal towards reforms ...reforms not in dramatic announcements but (by) addressing those issues (which can improve) governance and delivery," Mukherjee said. 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!
