Will it be Different this Time?

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and deficits - fiscal and current account. While no major overhaul of taxes are expected, if the government has the intention and/or confidence to bring in GST and DTC, fiscal deficits for financial year 2011 (FY11) and FY12 may bring in positive surprises. URL: [http://budget.myiris.com/show_story.php?file_r=20110218134802043&sec=budt].current, economy, macroeconomic, recession, policy, indian economic growth, India, budget, deficit, fiscal, inflattion, fiscal deficits, financial year, government, sustainability of growth, taxes,