| Re: Expectations from '09 Budget -
July 3rd, 2009
The Rail Budget was an averag one with not much there for the 'aam aadmi' in terms of fare cuts but promised lot of improvement in infrastructure like railway stations, distribution of tickets and many long distance trains.
But time will only tell whether these promises are met and at what cost.
There is not much buzz for the Union Budget in terms of Market expectation as time has passed and the expectations are lowered down from the government. But the thing which government needs to do is:
1) Reforms in Banking & Insurance sector (more FDI in insurance business)
2) Importance to infrastructure
3) Auto sops
4) Regulations of demand & supply in Oil
5) Export sector
6) Education sops
7) Steel & Aluminium prices
8) Agriculture sops & subsidies Regards,
Rohan Kachalia
MBA (Finance & Marketing), Inter CA
VP- Utkristh Share & Stock Brokers |