Thursday, May 29, 2008

Quite a bad time to be finance minister.....

in the days leading to the budget the FM had put this on record "Its great time to be finance minster"...i think he will need to rethink this perhaps.. 2 months down the line time is not in favour of the dhoti clad "Chidu" . With Oil trading at 130+ , inflation , rising prices of essential commodities, and hello!! these are only primary problems which the media has highlighted.

the seconday problems which looms large on FM's mind are funds for 6th pay commission, interest for oil bonds and not to forget all these effect on the FRBM mandate of keeping fiscal deficit pegged at 3%.

well ofcourse 2morow happens to be the judgement day for FM as fresh inflation numbers are set to roll out.. its not that U always remain lucky ...its perhaps time you giv ur astrologer a call...after all if policy and textbook economics of likes of smith marshall friedman cant help......You need all the power of the world....

EtU

No comments: