There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
The biggest disappointment was the compromise on the promised corporate tax reduction path.
India has just had one of the worst quarters in export earnings.
The new land Acquisition Bill has many implications.
Budget should use fiscal policy to curb inflation.
Of late the misappropriation of terms such as innovation and reform in the context of finance or taxation has become commonplace.