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Economy

Budget 2007

The budget is out today and I will be doing a complete analysis on it. I will be posting a number of entries that will provide my views on the budget.

Overall, Budget 2007 is positive for most of the industry. Yes, you read that right. The Sensex has fallen 550 points, and this guy is saying it is positive, you’re thinking – but the fall was not because of the budget (Other market indices were down 3-6% and that precipitated the fall)

This time the budget was expected to have a number of negative items which are absent from the actual proposal. So this in itself is a positive! Also some positives that were expected are absent. (read more)

Let me talk about each budget item separately. (More links to follow)