Union Budget 2009

Mondaq Business BriefingIndia Law Articles in English (2009)

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Union Budget 2009

INTRODUCTION

The main challenges outlined by the Finance Minister, Mr. Pranab

Mukherjee, while presenting his Budget speech for the short term

and long term perspective of the Indian economy are:

to lead economy to high GDP growth rate of 9% p.a. at the

earliest;

to deepen and broaden the agenda for inclusive development;

and

to improve delivery mechanisms of the government.

In keeping with tradition, the Budget proposals are a mixed bag

of the good and the bad. Some of the biggest di...

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