Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If You Use a Screen Reader

This content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.

Ignoring Priorities

Ajit Karnik
Economic and Political Weekly
Vol. 38, No. 12/13 (Mar. 22 - Apr. 4, 2003), pp. 1099-1101
Stable URL: http://www.jstor.org/stable/4413355
Page Count: 3
  • Read Online (Free)
  • Download ($9.00)
  • Subscribe ($19.50)
  • Cite this Item
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Ignoring Priorities
Preview not available

Abstract

The growth impetus that is hoped for in the 2003-04 Budget is to come not from any structural changes in the economy or through pushing up infrastructure investment, but is expected to be consumption-led: revenue deficits continue to be high, salaried individuals have received some relief, dividend tax has been abolished, so too expenditure tax. However, if the growth gamble does not work, then government finances will come under severe stress and the country will have to face the consequences of a budget that did not address the very priorities that were set out by the finance minister himself in his budget speech.

Page Thumbnails

  • Thumbnail: Page 
1099
    1099
  • Thumbnail: Page 
1100
    1100
  • Thumbnail: Page 
1101
    1101