| Subir Roy: Many pluses and some minuses |
| Subir Roy / Bangalore February 29, 2008 |
| Seldom has a union finance minister had more cushion while formulating a budget than P Chidambaram when he set out to do the numbers for 2008-09. With tax revenue booming and economic growth running at 8% plus despite a slight slowdown, he had lots to give away. And with elections round the corner he has done just that. What the budget strikingly lacks is any clear tax mobilisation measure. You don |
