IBNLive News | Indian Budget 2008

Budget raises hope for girl child

Kamal Wadhera, CEO, Top Careers & You, feels that the addition of 410 Kasturba Gandhi Balika Vidyalayas would reduce the gap in educated pool.

Dr. Anil Gupta, COO, Aditi Technologies, is disappointed by the lack of relief in corporate tax.

Raja Gopalan S, Vice-President, Finance, Microland, feels PC's Budget doesn't have anything substantial for the IT industry.

S L Narayanan, CFO, Symphony Services, feels that the Union Budget 2008 could have accomplished a lot more.

P K Choudhury, Vice-Chairman and Group, CEO, ICRA, has termed PC's Budget as a balanced one.

The domestic pharmaceutical industry today welcomed Finance Minister P Chidambaram's proposal to cut excise duty

Left blamed the Govt for not announcing any measures to check food prices.

The auto industry, however, would have most certainly wanted a greater reduction in the excise rates.

The FM waived off Rs 60,000 cr of the outstanding loans of farmers.

Shiv Sena will study the Budget impact on Vidarbha and Marathwada.

UPA chief Sonia Gandhi on Friday termed the waiving of farm loans a "revolutionary step".

BJP criticised Chidambaram’s Budget and said the Budget was not people-friendly but ‘poll-friendly’.

CPI on Friday criticised the Budget 2008-9 saying it lacked long-term perspective.

Arvind Saxena, Senior VP, Sales and Marketing, Hyundai Motor India, feels that the FM should have given some thought to exports as well.

The Indian industry and investment bankers today gave a thumbs up

Rajiv Deep Bajaj, MD, Bajaj Capital Ltd feels that PC has played it safe this Budget, courtesy polls next year.

Here are the simplified Budget jargon for youread

Here's a list of the Frequently Asked Questions related to Budget.read

A compilation of some quaint facts related to this annual exercise.read

C.D. Deshmukh was the first Indian Governor of RBI to have presented the Interim Budget in 1951-52.read