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Expectations from Budget were too high

Government· Political news

Top corporate leaders from India Inc are expecting finance minister Pranab Mukherjee to announce key policy decisions in the coming months so as YET NOW to put the country back on the fast track of economic growth. They said the expectations from the Budget were too high, considering the government had won the elections with clear majority.

Participating in a panel discussion held at ET NOW’s studios in Mumbai and New Delhi, KV Kamath, chairman of ICICI Bank, said the finance minister has set a goal to look at an inclusive growth. “This will mean that there will be some deficit, but what caused surprise in the markets was the number. As far as lack of policy announcements go, the Budget is not the place for it. These announcements can happen later as well,” he said. More

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