On February 26, a rare confluence of events took place. As Finance Minister Pranab Mukherjee presented the Union Budget, the stock market started rising. The benchmark Sensex remained high even after he re-imposed taxes and duties he had withdrawn last year to help the economy out of a slowdown.
There’s clearly a lot at stake. Farmers are the biggest vote bank in India and that makes policymaking for this segment extremely tricky. Governments must tread carefully while restructuring this sector, vital for the long-term economic and food security of the country.
Urban Inertia
(This story appears in the 19 March, 2010 issue of Forbes India. To visit our Archives, click here.)
The article has described various aspect of budget. But it seems both the author of article and our govt. is not interested in development of adivasi region. The govt has massive deployment of army in some region but no matching plans for development. It is this neglect on part of society has led to rise of naxalism.
on Mar 20, 2010