EDITORIAL
Friends So the new financial year has begun, so shall be the plan for the financial health of the country, the corporate sector and all prudent people who want to do their arithmetic and put their yearly figures in place so that there are less and less unpleasant surprises. Yes, among the financial planners, who was most worked up and presented his figures to the nation was the Union Finance Minister Pranab Mukherjee. Over a month ago, on 28th Feb., the budget that he gave to the nation was rather more conservative than expected. At least one chartered accountant called it UNJUST, INEQUITABLE & MORALLY WRONG. But frankly there was nothing to really cheer about. Biggest disappointment was the allocation for the Sarva Shiksha Abhiyan. While it is to the credit of UPA II for putting in place RTE (Right to Education), the outlay in the budget to further the ambit of RTE is rather a let down. The modest increase of 10%, if adjusted to inflation, shall only mean a negligible increase. Re...