Google+ Consumer Psyche: Don't cling to this budget

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Monday, June 29, 2009

Don't cling to this budget

Everyone has their eyes on the Indian Finance Minister would rise to present the budget on 6th July. Many expectations have been built in the minds of people due to continuous propaganda by the media. The media has been spinning many ideas as to what, how, why should a budget be. This hyped it all. I am not expecting anything big from this budget though. The finance minister has to tackle recession, fiscal deficit and a lot of other problems. The budget is going to pull the stocks down, rise the prices of goods and common people are going to feel the burnt too. Coming to investing as of now, Keep your cash in the same form till then. I think you should think getting your vehicle refueled as the prices are going to hike. Same goes with your rice, cooking oil, vegetables, milk, etc.

The appointment of Nandan Nilekeni as National ID card project is welcome step in reducing the corruption more than changing the security. Private participation in public assignments not only makes things close faster but also refines the way work is done.
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