Budget Highlights-2

* Recapitalization of banks during next fiscal

• Prudent fiscal policy needed, domestic demand should bhe raised, reforms need to be carried out

  • Farm, rural sector, infra and social sector to get more funds

  • Need to prioritize expenditure given recommendations of 7th Pay Commission and OROP implementation

  • Nine pillars for reforming India, among them agriculturre, social sector, education, infra, fiscal discipline, tax reforms

  • Presenting budget when global economy in a serious crisis (11:11)

  • Amidst global headwinds, the Indian economy has held its own

  • Converted challenges we inherited into oppoortunities

  • CPI inflation down to 5.4 percent from 9 percent plus, bringing big relief to the public

  • Forex reserves at highest-ever level