Chanda Kochhar

This year’s Union Budget is a pragmatic exercise at growth and stability in the backdrop of the challenging year gone by and the broad consensus needed for various policy measures. It goes further to set a direction for fiscal consolidation to ensure long term stability and sustainability.

The Union Budget for FY2012 is a growth oriented budget that seeks to build on India’s strengths and to address the challenges that we face. In line with this approach, the budget seeks to build on ou