Budget 2010-2011 on 26th feb 2010

All are awaiting the budget that will be announced on 26th feb 2010 and there will be a lot of its effects on the share market as well as the growth of the economy.

Lets us wait and watch what effects will it have on the whole and how will it be able to crub inflation and also increase the growth rate of the country

After a year of recession and going towards the growth path lets us see and watch how our finance mnister is able to maintain a balance so at to grow at a faster rate and also crub inflation .

A much awaited budget

STATE OF INDIAN ECONOMY [INFLATION]

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair." -- Sam Ewing.
Inflation has hit a ten-month high of close to 6 per cent in India, breaching the Reserve Bank of India's target of 5 per cent. The Wholesale Price-based Index rose to 5.92 per cent for the week ended March 8 from 5.11 per cent in the previous week as food products turned expensive in line with the global trend.

Everyone is facing the brunt of rising prices. Prices of all essential commodities are rising not just in India but across the world due to a fall in supply. Inflation has spiralled all over the world. With India importing food items, it is only adding more woes to the people.

The Indian economy is also facing a slowdown. The markets have also shed huge gains -- March 25 was a sort on aanomaly -- taking a cue from global meltdown. Industrial production has slowed down, further decelerating the economy.