Keyword: indian economy

MUMBAI, March 4, 2011 - The Indian national budget was released two weeks ago, eliciting both praise and criticism. On the heels of massive scams within government departments (the 2G spectrum scam estimated at 1.7 trillion rupees, and the Commonwealth Games scam estimated at 80 billion rupees) and inflation woes, the government was keen to deliver a balanced and forward-looking budget.