Finance Minister speech for Union BUdget 2012-13

Pranab Mukherjee expounds upon the union budget for 2012-13 in Lok Sabha in the presence of the cabinet and speaker Meera Kumar.After the economy recovers the tumbledown, we would have to sustain the entire economic system.Farmers entitled to direct subsidy.And other access favorable to the citizens seem to be kept in the union budget for 2012-13 by the finance minister pranab mukherjee.

Possibilities for the prospective Rail Budget for 2012-13

The Rail Budget is likely to be presented today at 12 p.m. by the Railway Minister,Dinesh Trivedi. However, this session possibilities are drawn that the passenger fares might get increased as the same has been stable since 2002-02.What would be jottted in papers, rather be the challenges for the railways miniter to act upon.Security issues would be dealt with,ticket availability would be looked into.

Reduced CRR,rising expectations

Reserve Bank of India announces a 3% deduction in the cash reserve ratio, leading to relatively cheaper loans. On the other side housing sector wish to get a supportive budget this year.Due to the rising interest rates, sales have gone down, the real estate sector demands a friendly union budget from the union finance minister Pranab Mukherjee.