Talking about General budget, it is such a vast issue incorporating over a dozen areas rather whole spectrum of Economy. Any analysis can be made on the basis of announcement and declaration and 2. visibility of governance over the field. from the announcement side it will be better to put it in welcome step and critical step 1. among the welcome step a. Refinancing bank in terms of MUDRA bank for the micro enterprises b. bringing more and more population under social security and insurance network c. establishing as much as higher educational and technical institutions in the states d. Easing the process of business establishment e promoting leakage free transfer and delivery mechanism
2 critical area are 1. hiking service tax, it will make many more items costlier 2. no measures for making agriculture, a profitable and sustainable profession 3. There is no concrete measure for unorganized laborers of the country 4 highly talked sanitation program does not discuss about systematic urban development and garbage disposal and it's focus areas don't cover small municipality towns and last point is unlike the announcement made economic survey, yesterday, the budget has not been able to contain fiscal deficit within 3 percent of GDP, It is still 3.9 percent of GDP