Pooja Bansal, research scholar, Punjab University
The Budget is reflective of the direction in which the economy is going. The amount of fiscal discipline that the finance minister has shown, ie., targeting the fiscal deficit of 3.8%, which is down from 4.1%, is a huge plus. Huge amounts have been set aside aside for the education and infrastructure sector. A major concern is that Mr Chidambaram has not indicated from where he will get the money for investment in the various projects.
Swarup Gupta, student, IMI
The Budget touches the lives of people from all economic backgrounds. The taxation proposals are growth-oriented. While there are no significant changes in corporate and personal tax, the hike in service tax, from 10% to 12%, is not justified. Its like taxing the common man indirectly.
S K Naganuri, call centre employee
The best part about this Budget is that there are no unpleasant surprises. Emphasis has been laid on overall infrastructure development, which makes it a long-term Budget and not one limited to the fiscal year.
Neelu Kohli, housewife