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A Hung Budget...

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| August 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Business Today (India))

Budget 2004 failed to enthuse the six economists who make up the Board of India Today Economists (BITE). At its fifth meeting, held just two days after Finance Minister P. Chidambaram placed his Budget, BITE members were hard-pressed to find anything to excite them or the economy in what was billed by him as the "human face of reforms". "Possibly some fresh paint on the old human face," comments Indira Rajaraman, RBI professor at the National Institute of Public Finance and Policy (NIPFP). "It's just the packaging that's different," quips Siddhartha Roy, chief economist at the Tata Group.

BITE, comprising six economists ...

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