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No positive vein in the Budget to spur investments: ICRIER

Shankar Acharya (ICRIER) feels that the fiscal deficit at 5.1% by FY13 end is not too credible especially after the events that have happened the Railway Budget debacle.

March 23, 2012 / 16:37 IST
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Shankar Acharya (ICRIER) feels that the fiscal deficit at 5.1% by FY13 end is not too credible especially after the events that have happened after the Budget regarding the Railway Budget debacle. The subsidies are going to be significantly higher than budgeted.

According to him things just don

first published: Mar 23, 2012 12:41 pm

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