Financial Daily from THE HINDU group of publications
Friday, Apr 19, 2002
Financial Daily from THE HINDU group of publications Friday, Apr 19, 2002 |
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Opinion
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Letters `Roll over budget' policy
This refers to the editorial `An economy taxed' (Business Line, April 9): The very headline conveys the message that the economy itself is under pressure from the Finance Minister. `Roll back Finance Minister' appears to be his most suited qualification, though he is bound to act under various pressure tactics from the ever divided `alliance partners'. The opposition parties, perhaps, had lesser role in cutting all these five budgets to `size'. Look at petrol prices. Mr Sinha promised small concession to petrol users. Many State governments used this opportunity to increase the tax burden on petrol in their budgets to increase revenue. Mr Sinha may not be able to formulate any stern action to correct the `sluggish investment demand'. C. P. Velayudhan Nair
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