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Union Budget 2010 Review
The Union Budget this year has aimed to focus on inclusive growth. The concerns of common man, including Income Tax, have gone hand in hand with appreciable measures for improving investment, infrastructure, and fiscal consolidation. As the country looks to ‘quickly revert to high GDP growth path’ in the wake of ‘uncertain times’, concerns for inclusive growth targeting the disadvantaged sections form the defining features of the Budget.
Growing Government Spending – Bad For the EconomyAs we have seen in the past year the federal government has grown at an alarming rate. If it continues we are headed down a perilous road. What happens when our spending approaches the size of our entire economy?
