Jaitley's budget is like Chidambaram's with a saffron lipstick: Swaminathan Aiyar

July 11, 2014 11:07

It's not a radical Modi budget but a Chidambaram budget with saffron lipstick added. Many of Arun Jaitley's budget figures and policies resemble those in Chidambaram's interim budget.

Many thought Jaitley's maiden budget would produce a major vision for five years, major reforms and some bitter medicine.

Sorry, there was no great fiscal vision, only minor reform, and sugar-coated pills rather than bitter ones.

Instead of being long on vision, the budget speech was long in duration (almost two and a half hours).

Swaminathan S Anklesaria Aiyar dissects the budget. Read

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