Budget highlights-2

* Aiming at fiscal deficit of 3 percent by 2015-16 and 2 percent by 2016-17

 

* FDI in defence sector raised to 49 percent from 26 percent

* CBDT to scrutinize all cases under 2012 law on retrospective tax cases

* Problem of black money to be fully addressed

* Expenditure Management Commission to be established this fiscal

* Slow decision-making has resulted in lost opportunities

* Green shoots of recovery in world economy

* Budget will lay down steps aimed at 7-8 percent growth in next few years

* The aim is "Sub ke saath, sub ka vikas" (With everyone, For everyone’s development)

* Should we be victims of populism?