UNION BUDGET 2014-2015

                                                      POST BUDGET DISCUSSIONS

 

Every year after the annual Budget there have been discussions by several lobbies on the merits & demerits of the Budget presented by the Finance Minister. These experts who “analyze thread bare” on the good & bad effects of the proposed budget provisions, should have used their EXPERTISE in advising the Government early (Before the Event!) and not after wards with brilliant ideas ( “After the Event”). This way of “putting the cart before the horse” may not fetch us anything in the application of the Budget provisions on the practical field. At the initial stage of the general budget, a comprehensive study by the Expert Committee consisting of the renowned Economists would do better than the post discussion…

 I am an Engineer and a poor Economist,, in the sense, I do the best, technically feasible, method of executing a job taking into consideration the field conditions. Economically it may not be cheap but technically sound in the matter of SAFETY… Therefore I am of opinion that the present way of “beating about the bush” and attributing faults on the other man’s shoulders, we must conceive ways & means to set right our financial crisis in the coming years..

Abraham Mangalath