I must say Budget-2013 was a balanced budget despite my obvious political inclinations. Though many of Mr. Chidambaram's numbers look unreal it can be called a balanced budget considering the profligacy and directionless budgets we have witnessed during the last 9 years of UPA rule. Chidambaram simply had no elbow room to resort to profligacy because the global investors and credit-rating agencies were watching him closely.
Chidambaram's Google+ Hangout four days after the budget session is a welcome development. It only reflects the rise of the aspirational middle class and the importance of social media in political discourse. It provided a platform for people from different sections of society to talk to Chidambaram directly about the budget. This is clearly a good sign considering the otherwise insensitive UPA government. The government should use such platforms to interact with people directly.
I still feel this UPA government and especially Chidambaram since he is the Finance Minister lack new ideas to bring India back to its true potential. As a result, countrymen have to turn to Narendra Modi for new ideas and inspiration. Only the lion from Gujarat can let loose the animal spirits of our economy.
Note: Watch both the Budget-2013 video and Google+ Hangout video attached with this blog.
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