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On Record/Railway Budget and Union Budget

     Print Edition: Apr 15, 2012

Chanda Kochhar, CEO and MD, ICICI Bank
Chanda Kochhar, CEO and MD, ICICI Bank
The intent to contain subsidies at 2 per cent of GDP next year and 1.75 per cent of GDP within three years is laudable.
Chanda Kochhar, CEO and MD, ICICI Bank, in The Times of India

Manmohan Singh, Prime Minister
Manmohan Singh, Prime Minister
The Finance Minister has pointed to the need to control subsidies... He has also said that he would bring the subsidies to less than 1.7 per cent of GDP in the next three years. We have to bite the bullet. There is no other way in which you can reduce subsidies.
Manmohan Singh, Prime Minister, referring to the pricing of petroleum products and other items, on Doordarshan
 
Vinita Bali, Managing Director, Britannia
Vinita Bali, Managing Director, Britannia
There are some positives, such as greater attention to agriculture, but there are lots of areas of concern. I am of the Warren Buffett school of thought that says the rich must pay more taxes.

Vinita Bali, Managing Director, Britannia, in The Times of India

Mamata Banerjee, CM, West Bengal, and Trinamool Congress chief
Mamata Banerjee, CM, West Bengal, and Trinamool Congress chief
I did not have any prior knowledge of the fare hike. We are against burdening the common man. I assure you that we will not allow railway fares to be increased.
Mamata Banerjee, CM, West Bengal, and Trinamool Congress chief, quoted by wire agencies

Brodening the service tax net is a move in the right direction given the growing share of the sector in our GDP.

Sunil Mittal, Chairman and Group CEO of Bharti Enterprises, in The Economic Times

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