Constant haggling and continuos (overdose?) of media speculation seem to have had a major impact on Pranab, the Finance minister.
The minister has reportedly decided to present a budget without any taxes - a source who did not want his identity revealed to media persons here in Guduvancherry today. The source also added that there are other ways & means (??) through which the government would be able to do the following things (not necessarily in the order of importance):
1) Buck the global downturn - make india grow at over 7%
2) bring down the fiscal deficit - not withstanding the fact that econominc indicators point to a dismal picture
3) bring in more governmental accountability by introducing and implementing the FRBM Act
4) increase the government spending on infra projects so that there is a filip to the economy
5) control inflation so that the aam aadmi (who is he??) can live happily
Perplexed journos were reportedly angry and confused as to how the above was possible - the source declined to share further info on the subject.
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