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	<title>Mainstream Weekly</title>
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		<title>Union Budget 2011-12: A Precarious Balancing Act</title>
		<link>https://www.mainstreamweekly.net/article2625.html</link>
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		<dc:date>2011-03-16T10:29:47Z</dc:date>
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		<dc:creator>Sudipto Mundle</dc:creator>



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&lt;p&gt;The Finance Minister had an exceptionally challenging task in this year's Budget. He was faced with three major goals pulling in different directions. With headline inflation close to double digit, and food prices having risen over 20 per cent in February, his main goal was fighting inflation. However, he needed to do this without compromising on high growth, which is now back on track. Moreover, he also needed to address the inclusion agenda being energetically pursued by Sonia Gandhi's (&#8230;)&lt;/p&gt;


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&lt;a href="https://www.mainstreamweekly.net/rubrique106.html" rel="directory"&gt;2011&lt;/a&gt;


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		<title>Union Budget 2009-10: Delivering on Mandate for Inclusive Growth</title>
		<link>https://www.mainstreamweekly.net/article1525.html</link>
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		<dc:date>2009-07-18T10:28:00Z</dc:date>
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		<dc:creator>Sudipto Mundle</dc:creator>



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&lt;p&gt;The stock market once again reacted to the Budget with irrational pessimism, as it had done during the Interim Budget. When Pranab Mukherjee started his Budget speech, the Sensex was up 150 points and by the time he finished, it had declined 756 points, a total decline of as much as six per cent. Possibly some unwarranted expectations were not realised, and the market reacted prematurely. In fact, Mukherjee has done a pretty good job in delivering on the mandate to restore high growth and (&#8230;)&lt;/p&gt;


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&lt;a href="https://www.mainstreamweekly.net/rubrique102.html" rel="directory"&gt;July 2009&lt;/a&gt;


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