Interim Budget 2014

Abstract

Every time a Budget is presented in Parliament, interest is focused on who gains and who loses because of the budget announcements. Not much was expected from the interim budget presented to Parliament on 17th February, 2014. The Budget paper read like self applauding Report Card on the achievements of the two UPA Governments in the past 10 years. A tall claim was made that one crore 40 lakh people were lifted above the poverty line in the past 10 years. The computation of the poverty line itself is mired in controversy. But what about the super rich?