R Gopalan, Economic Affairs Secretary, one of the key officials who was involved in the Budget making exercise says that the Budget has delivered on emphasis for growth, fiscal consolidation and tackle inflation. A commitment to reduce fiscal deficit to 5.1%, cap subsidy at 2% of GDP and to tax GDP in grace to around 12.5% by 2015 has been all well thought out and planned and is certainly achievable.
He is of the view that there is a certain significant percentage of people who don
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