Mr Pranab 's Budget 2012 was realistic
Well its march and everybody is busy corporates are busy updating their records as it is final quarter,students are busy with their board exams and this year nearly 5 states went for poll and poll results were out.Sachin (God of cricket) completed his 100th century nation was busy cheering him and most importantly the Budget came out .Finance minister Pranab babu came up with his budget.I would regard budget as a good budget. Budget was realistic and India is moving towards more stable economy. The significant improvements was debt to GDP ratio was only 45% while comparing to China which is 90% and UK 70%.While market reacted negatively primarily because of increase of service tax going from 10% to 12 %.Lets look at gainers and loosers of Budget 2012 Gainers 1.Retailers may benefit after the finance minister assured to arrive at a consensus to open up the supermarket sector to foreign giants such as Wal-Mart and Carrefour, which would help in tie-ups and boost capital inflows. ...