As Finance Minister P Chidambaram presents his fifth Union Budget – two were presented by him during the United Front government of 1996, and three since the United Progressive Alliance government came to power in 2004 – all eyes will be on the message from the Budget.
Will it be another Dream Budget, that will drive growth?
Or, will it focus on containing the fiscal deficit, that bugbear of successive finance ministers?
Will Chidambaram’s Budget succeed in addressing the concerns of various interest groups – and thus fall between many stools? Or will it have one grand theme, that will set it apart from the succession of Budgets?
Whatever be its nature or direction, the Union Budget is a time when expectations – both personal and collective -- are at their highest. Naturally, the Budget proposals invite a flood of comment – expert, not-so-expert and others.
To discuss and debate Chidambaram’s Budget 06, Rediff.com has invited many experts to give their take on the Rediff Chat. There will be a daylong commentary where you, Dear Reader, can give us your opinion of the Budget proposals, and discuss them with other like-minded souls.
Through the day on Tuesday, Rediff.com teams will bring you captains of industry from the CII and FICCI headquarters in New Delhi as the Budget is unveiled in Parliament.
Also discuss the Budget with Nimesh Kampani, Chairman, J M Morgan Stanley and one of the most respected names in Indian finance, at 6 pm IST.
The Union Budget 2006, on the Rediff Chat!
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