P Chidamabaram is not making the presentation of Budget on the floors of the Lok Sabha.
FM P Chidambaram is expected to go to Lok Sabha TV to read out the interim budget speech.
It is an unprecedented incident. the FM is not being allowed to read out his interim budget speech.
The opposition blames the government for dillydallying on Telangana till the last minute.
For the markets and the economy it makes no difference, whether FM reads it out from inside Lok Sabha or from Lok Sabha TV studio.
A long convention has been broken. FM did not make budget speech on the floor of the house for the first time.
FM is now speaking amidst chaos.
FM - Global economic meltdown has affected us.
FM - The challenges we face are common to all economies.
FM - Only a few countries, managed to keep their head above the water. India is one of them.
FM's budget speech disrupted by pro and anti-Telangana MPs.
The Speaker Meira Kumar is trying her best to restore the order in the House. Requests MPs to allow FM to present the Budget.
FM is still standing hoping that the MPs will allow him to complete his Budget speech.
FM - 4.6% GDP fiscal deficit for the year.
FM - Just 3% global economic growth in the year.
FM - Inflation was fluctuating all through the year. Food inflation is still a major worry.
FM - Agriculture sector recorded a stellar growth.
FM - Agriculture exports stood at US Dollar 41 Billion.
FM - Agriculture sector growth is buoyant.
FM - Even after the slowdown saving rate is healthy and no major reduction in investment.
FM - Some projects are facing problems. Govt 296 projects worth Rs.6.6 lakh crore have been cleared.
FM - CAD capped 34$ Billion.
FM - Major infra projects have been implemented. 7 new airports are under construction.
FM - Growth for the whole year will be at least 5.2%.
FM - Economy is stable. All this is a result of hard work. My mother and Harvard taught me the value of hard work.
FM - We have arrested the fall in GDP growth.
FM - Our food grains stock is very high. 2.64 lakh MW power is being generated.
FM - After 10 years we have more than 3 lakh KM of rural roads under PMGSY.
FM - This year we are spending over Rs.36000 crore on health.
FM - I reject the arguments on policy paralysis.
FM - UPA 1 and UPA 2 have delivered above the growth trend.
FM - Govt took several notable decisions. Sugar was fully decontrolled.
FM - New bank licenses given. Several major decisions have been taken.
FM - The companies act has replaced the vintage law of 1956.
FM - Union Territories to get more funds.
FM - About 50000 MW of Thermal power projects will completed.
FM - Approval has been given to many technology based industries.
FM - Small scale and cottages industries have been encouraged. 100 Crore for community radio station.
FM - NE, HP and Uttarakhand to get special attention. They get more funds.
FM - Our achievements in the field of Space science is great.
FM- Nirbhaya fund has Rs.1000 crore. It will be a permanent fund.
FM - National Skill Development Programme to get more money.
FM - Over 1.6 lakh youth joined the skill development scheme.
FM - Direct Benefit Scheme. Money is being transferred. Total of 54 lakh transaction has taken place.
FM - Govt is committed fully to Aadhar.