Press Trust of India / London Jul 06, 2009, 18:53 IST
Lauding as "good" the Indian Budget for fiscal 2009-10, leading NRI industrialist Lord Swraj Paul today said it would help raise people out of poverty besides ensuring jobs and rural development.
Congratulating Finance Minister Pranab Mukherjee, Lord Paul said he was happy that the Budget "is attending to food security, jobs and rural development which are all most important."
Lord Paul, Britain's Ambassador for Overseas Business and recently appointed member of the Privy Council, said "it is a good budget."
"I would like to congratulate the Finance Minister for first accepting the reality that India is also affected by the credit crunch and the world financial crisis, and second for helping to raise people out of poverty and recognising that without raising the standard of living for all the people in the country India can't make progress," he said.
"So I am pleased to see the Budget is attending to food security, jobs and rural development which are all most important," Lord Paul said.
Agreed the people and the aam corporate will get it turn by turn. Great but what about proper implementation. They must form certain agenda to micro-manage or atleast oversee the ground realities. But well, thats beyond the budget speech, however where can the people know about such instruments and there findings. Atleast the budget gives some hope, if you are lucky.
Content Guide
