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Is Finance Minister Prananb Mukherjee Telling Truth in Budget?

Posted By On 10:55 AM Under ,
Do not go by what Finance Minister Pranab Mukherjee is telling the Parliament as budget is a game of words and showing false projections to the country to enable them to be in a state of euphoria.

The biggest lie which Finance minister has told in his budget speech for 2011 is that fiscal deficit is going to be 4.5% which is going to be straight story from a fairy tale as middle east crisis which si making the crude go northward can be the only contributer to take the fiscal deficit beyond 5%.

Thus never believe on his projections as like a good finance minister he has left a ray of hope and civilisations develop on hope element to progress further. All the best as we are happy till the time stock market remains in a bullish mode. However the day this rejoice dies down market may come knocking below Nifty 5000.
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