If Finance Minister P Chidambaram thinks he has been able to meet the aspirations of the youth through his Budget 2013-14, he may have miscalculated their expectations.
‘Superficial’, ‘tepid’, ‘unimpressive’… are what the youth calling the Budget.
Shreya Bhattacharya, M.Phil student at IGIDR, Mumbai, says that while it is commendable that Chidambaram has managed to keep the fiscal deficit at 5.2 per cent of GDP, she thinks his estimate of the fiscal deficit for the next year is very optimistic, given the high inflation and the declining savings.
“The Budget was disappointing when it came to social sector schemes as no evaluation mechanism was suggested. Also, the proposal for opening a PSU bank for women is absurd. Overall, it has been a tepid Budget,” she says.
Ketaki Sharma, content writer for an online portal, does not believe that the Nirbhaya scheme will be beneficial. Grand schemes, such as the Nirbhaya fund and all-women bank, won't work, she says.
Keywords: Union Budget 2013-14, P Chidambaram, Youth reactions,
Comments:
i don't understand how much deficit we are facing now the question is
who is responsible for this mess and the reply is simple congress
party which has ruined the country since they came to power, as far as
their leaders are concerned they are getting richer as though they are
richer since the independence of India and no one in our country ask
them from where u have got such big money, i think this vision less
party and un-innovative leadership is the biggest problem for this
country because they don't have new ideas they always thinking how
should we(leaders) get richer and they and whenever there is deficit
they increase the taxes.i m asking is tax increasing the only solution
to minimize the deficit well if we have a ruling vision less congress
party we will never see the deficit will ever reduce because they are
not bothered about the country.
Please Email the Editor