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(Online Cours) CAPF Assistant Commandant: Indian Economy - Union Budget & Economic Survey

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Online Course for Central Armed Police Forces (CAPF) Exam (Assistant Commandant)

Indian Economy

Union Budget & Economic Survey

Union Budget 2012-13

The Union Budget 2012-13 presented by the Finance Minister Pranab Mukherjee in Lok Sabha on 16th March, identified five objectives to be addressed effectively in the ensuing fiscal year. They include focus on domestic demand driven growth recovery; create conditions for rapid revival of high growth in private investment; address supply bottlenecks in agriculture, energy and transport sectors particularly in coal, power, national highways, railways and civil aviation; intervene decisively to address the problem of malnutrition especially in the 200 high-burden districts and expedite coordinated implementation of decisions being taken to improve delivery systems , governance, and transparency; and address the problem of black money and corruption in public life.If the Union Budget was expected to make some special concessions for West Bengal to placate Chief Minister Mamata Banerjee, there was no hint of it in Finance Minister Pranab Mukherjee's speech on Friday. Indeed, it was a speech singularly short of any political message; nor indeed, did it have a strong social message, as most of the schemes mentioned are already in place, with the government just making additional allocations. Perhaps, the only social sector issue that Mr. Mukherjee highlighted in this fiscal year was to “intervene decisively to address the problem of malnutrition, especially in the 200 high burden districts.”


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