Terming the Budget as "good" and "balanced", Union Home Minister P Chidambaram today said it will promote inclusive growth and the projected increase in revenues will be used for augmenting investment in health, education and security sectors.
"The Finance Minister has focused on high growth; on investing in, incentivising and increasing agricultural production in order to moderate inflation; and on fiscal consolidation," Chidambaram said in a statement released after the Budget presentation by Finance Minister Pranab Mukaherjee.
The Home Minister, who used to hold the portfolio till November 2008, said Mukherjee has used the projected increase in revenues for augmenting investment and for larger outlays on education, health and security.
"We are very happy and I compliment the Finance Minister on presenting a good and balanced budget that will promote inclusive growth," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app