Comments on: Indian Budget http://www.onemint.com/2009/07/07/indian-budget/ Helps You Make Better Financial Decisions Fri, 10 Feb 2012 12:26:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Manshu http://www.onemint.com/2009/07/07/indian-budget/comment-page-1/#comment-23745 Manshu Wed, 08 Jul 2009 10:08:42 +0000 http://www.onemint.com/?p=2212#comment-23745 Yeah he did behave like a Keynesian. In this context Keynesian economics refers to government spending to stimulate demand and create jobs. When private demand goes down, someone needs to fill in that demand or else a lot of people lose their jobs. This filling up is done by the government in the form of infra spending and other stimulus spending. Yeah he did behave like a Keynesian. In this context Keynesian economics refers to government spending to stimulate demand and create jobs.
When private demand goes down, someone needs to fill in that demand or else a lot of people lose their jobs. This filling up is done by the government in the form of infra spending and other stimulus spending.

]]> By: Biplab Das http://www.onemint.com/2009/07/07/indian-budget/comment-page-1/#comment-23740 Biplab Das Wed, 08 Jul 2009 08:43:50 +0000 http://www.onemint.com/?p=2212#comment-23740 did FM behave like a Keysian?? what is Keysian economics? did FM behave like a Keysian?? what is Keysian economics?

]]> By: Manshu http://www.onemint.com/2009/07/07/indian-budget/comment-page-1/#comment-23667 Manshu Tue, 07 Jul 2009 10:17:49 +0000 http://www.onemint.com/?p=2212#comment-23667 The absence of anything to do with FDI was a real shocker to me too. My sense is that they saw what happened in the global financial markets as a result of deregulation and thought that they should wait some more time and let things stabilize before allowing FDI in Insurance and Banking. The absence of anything to do with FDI was a real shocker to me too. My sense is that they saw what happened in the global financial markets as a result of deregulation and thought that they should wait some more time and let things stabilize before allowing FDI in Insurance and Banking.

]]> By: Biplab Das http://www.onemint.com/2009/07/07/indian-budget/comment-page-1/#comment-23662 Biplab Das Tue, 07 Jul 2009 08:23:20 +0000 http://www.onemint.com/?p=2212#comment-23662 Market over reacted for sure. But what was wrong for FM to give a clear roadmap for divestment in the budget itself. He is now saying, it will happen but can't have details as part of speech. Knowing rural aspirations today I also feel FM might come out unscathed for his decision to increase spending. But NREGA has to be implemented properly. also why there was no talk of FDI? Market over reacted for sure. But what was wrong for FM to give a clear roadmap for divestment in the budget itself. He is now saying, it will happen but can’t have details as part of speech.

Knowing rural aspirations today I also feel FM might come out unscathed for his decision to increase spending. But NREGA has to be implemented properly. also why there was no talk of FDI?

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