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Wednesday, February 28, 2001

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 India's
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Yashwant Sinha's tryst with industry
The Union Budget 2001-2002 would befinance minister Yashwant Sinha's fourth Budget in a row.The chart below traces Mr Sinha's attempts to spur industrial and economicgrowth in the previous three Budgets. Reforms ranging from divestment tochanges in the excise and custom duty structures have not yielded all thedesired results as this year's Economic Survey points towards a recession.Will Mr Sinha's fourth innings prop up the growth rate to the desired 7-9per cent? Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
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Copyright 2001: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the
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