Three Budgets of UPA: Where is the ''Human Face''?

Mar 22nd 2006, Shouvik Chakraborty

In recent years, the media has created a lot of hype about the UPA government's budgets, stating that these are examples of ''reforms with human face''. This government assumed power on May 22, 2004, with the support of the Left parties, and was expected to bring about major changes in the economic policies in favour of the poor. The question which naturally arises is whether these expectations are fulfilled or whether this government too is framing policies favourable to the richer segments of the population. This paper attempts to find an answer to this question by analyzing the recent budget and the two previous ones presented by Mr. P Chidambaram, the Finance Minister.

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