RBI

Economic development has been one of the key focus areas of the Union Budget 2010, presented by Finance Minister, Pranab Mukherjee. A critical challenge addressed by the FM is reverting to a GDP of 9% within the year, and paving way to cross over the ‘double digit growth barrier.’ Curbing inflation is another important area of concern mentioned in the budget, with food inflation crossing the double digit in the latter half of 2009-1010.