Indian Union Budget Review Presented by IS Advisors26 Mar 2012 • by Natalie Aster
The Indian economy is estimated to grow by 6.9 per cent in 2011-12 in terms of gross domestic product at factor cost at constant 2004-05 prices. This follows a growth of 8.4 per cent in 2010-11. Relative to high growth in the period 2003-04 to 2010-11 (with the exception of 2008-09), growth in 2011-12 is on the lower side. This is attributable mainly to weakening industrial growth in a milieu of persistent inflationary pressures and deterioration in the global economic situation.
According to the report “Indian Union Budget 2012-13: Strategic Review” by IS Advisors, while the economy is estimated to register growth of about 7.6 per cent during 2012-13 which is lower than the potential growth rate, yet government has come up with a revised fiscal roadmap with gradually reducing fiscal deficit in coming years.
Scope of the report:
- Overview of the Economy
- Trend in GDP growth rate
- Government’s fiscal roadmap
- Budget at a Glance
- Budget Estimates for 2012-13
Indian Union Budget 2012-13: Strategic Review
Published: March, 2012
Price: US$ 125,00
IS Advisors offers the strategic review of Union Budget 2012-13 on the economy in this report. The report provides useful and comprehensive information about the current status of Indian economy, fiscal steps and other government policies stated in Union Budget 2012-13.
More information can be found in the report “Indian Union Budget 2012-13: Strategic Review” by IS Advisors.
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