Budget Highlights : CSEC Research

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Budget Highlights

 

v      GDP estimated to have grown at 6.90% in 2011-12 in real terms.

v      GDP growth  expected to be 7.6% in FY13

v      Average inflation expected to be moderate and stabilize.

v      Fiscal deficit at 5.9% as against BE of 4.6% of GDP in FY12

v      Fiscal deficit projected at 5.1% of GDP in FY13. Target of 3.6% of GDP by   FY14.

v      Net market borrowing through dated securities in FY13 would be Rs.4.79 lakh crore.

v     Divestment target cut to Rs 30000 crore. Achievement in FY12 Rs 14000 crore

v     Personal Income tax slab raised to Rs 2,00,000 from Rs1,80,000

 

Regards,

CSEC Research