Vini Vadi Vaci

The misspelling of the middle and the last words was intentional.  The original ‘Vini Vidi vici’ referred to Julius Ceasar and roughly translated to ‘He Came He Saw He Conquered’.

But Pranab Kumar Mukherjee, our Finance Minister “Came (to the parliament) Read (the Budget Speech) and Left (without making an impact)”

For a first Budget from UPA that had astounded the nation by the margin of its victory just a month back, it was lacklustre.  The FM needn’t have made path-breaking announcements but could have really given an indication of the road map.

The markets do not have to be so harsh either.  There was nothing that sounded like anti-market in his speech.

Perhaps the expectations pulled the entire exercise down!

Atleast the painful FBT has gone!  what a relief!!!

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1 Comment

  1. Ram said,

    July 7, 2009 at 6:18 am

    Thanks for the blog.

    To me in this budget, they kept it simple. I am not an expert on economics but I believe they have balanced it well.

    Agree with you on FBT. The small change in personal taxes is like offering peanuts ! These days, peanuts also matter though!!


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