India is gearing up for next election for biggest democracy. On one hand where global market is going through sub-prime crisis and talking themselves into recession, India still confident of its growing economy along with dfferent challenges.
Indian bidget by PC has been a right balance on tight rope. On one hand current congress government is trying to lure voter for next election by populist budget, on the other hand it has to be seen that India keep growing with its current rate.
Budget 2008 is very much for Aam aadmi, with tax slabs being changed showing straight saving of 50K for average person. Auto industry said cheers with PC announcing subsidy for small car. I am sure Nano effect is already showing its 'side effects'
The question now is whether the plans announced will show positive signs on Indian economy.
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