Union Budget is all about economic of forecasting. John Kenneth Galbraith said about the 'economic of forecasting and I quote "The only function of economic forecasting is to make astrology look respectable." Incidentally it is the "Aam Aadmi’s" blind faith in 'astrology' that is keeping the ritual of union budget a standard of 'great expectation' for him.
The impact of year 2010 union budget will defiantly remain our media’s most discussed and widely analyzed affair in the coming days. However it will be the "Aam Aadmi" who will be bearing the brunt of this budget. You will see how the tiny hike in the cost of petrol and diesel will add fuel to the already speeding prices of "kitchen essentials". It will be any economist’s delight watching the "Aam Aadmi" coping with life, as prices will start shooting to new heights "break less" and "unabated". Again an "Aam Aadmi" would have preferred a rise in the minimum taxable limit instead of a stretch on the taxing slabs.
Being the first budget of this decade I wish that the Finance Minister's outlay of 46 percent to "infrastructure" yield some positive results. Let us assume for now that we can very soon hope to see our streets 'well lighted', 'manholes' well covered and our "NANO" "rides" on the Indian roads remain a well deserving driver's delight.
By the way it will be ridiculous of us to see the 'opposition party's walk out today as their gesture of sympathy to the "Aam Aadmi" Let us grow up and understand that all the politicians at the end of the day remain a "fine tuned" scoundrels.
I wish and hope that the days ahead does not prove "budget 2010,a fueling frustration..!
The impact of year 2010 union budget will defiantly remain our media’s most discussed and widely analyzed affair in the coming days. However it will be the "Aam Aadmi" who will be bearing the brunt of this budget. You will see how the tiny hike in the cost of petrol and diesel will add fuel to the already speeding prices of "kitchen essentials". It will be any economist’s delight watching the "Aam Aadmi" coping with life, as prices will start shooting to new heights "break less" and "unabated". Again an "Aam Aadmi" would have preferred a rise in the minimum taxable limit instead of a stretch on the taxing slabs.
Being the first budget of this decade I wish that the Finance Minister's outlay of 46 percent to "infrastructure" yield some positive results. Let us assume for now that we can very soon hope to see our streets 'well lighted', 'manholes' well covered and our "NANO" "rides" on the Indian roads remain a well deserving driver's delight.
By the way it will be ridiculous of us to see the 'opposition party's walk out today as their gesture of sympathy to the "Aam Aadmi" Let us grow up and understand that all the politicians at the end of the day remain a "fine tuned" scoundrels.
I wish and hope that the days ahead does not prove "budget 2010,a fueling frustration..!
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