Business

Outlook-CNBC India Opinion Poll(Pre Budget)

Did the budget address the issues the CEOs and Citizens had expected?

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Outlook-CNBC India Opinion Poll(Pre Budget)
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The results of the Outlook-CNBC India poll of 61 CEOs and 1,879 citizens on their expectations from Budget 2001 were carried in the issue of Outlook dated February 26. The table below is a stock-taking: what the CEO and the citizen wanted Yashwant Sinha to deliver, what they expected Sinha to deliver, and what he did deliver.
CEO POLLShouldWillDid
 
A disinvestment thrust7261Yes
Tax holidays on certain infrastructure projects6739Yes
An export thrust4328Partially
Lower non-plan expenditure229Partially
Bringing the services sector into the tax net1761Yes
Removal of surcharge on corporate and personal income taxes157Yes
Dismantling the price mechanism in petro-products a year ahead139No
Lower import duties by removing customs surcharge1320No
Higher social sector spending711Yes
Raising of the standard deduction limit on direct taxes711No
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