Finance Minister Mr Pranab Mukerjee will present the budget for 2011-12 in the Lok Sabha tommorrow. Tackling inflation, price rise, increasing investments in infrastructure, agriculture besides rationalisation of the tax structure are likely to the priorty areas of the Finance minister. Mr Mukerjee is presenting the third consecutive budget of UPA II. Measures to tackle corruption and unearthing black money may also figure in the budget speech apart from taking the reform process forward, as indicated in the economy survey. AIR correspondent reports that the common man will be the focus of the budget with expectations of higher allocations for social sector including health, education and food security. Measures to plug leakages in the public distribution system may also figure in the budget as economic survey has pointed out that 55 per cent of food grains in PDS gets diverted.
News On AIR | February 27, 2011 12:50 PM
Pranab to present budget for 2011-12 in Lok Sabha on Monday