Overview

28 Feb 2003

. Naidu to head team for speeding up drip irrigation projects
. Fiscal deficit pegged at 5.6%, revenue deficit at 4.1% in financial year 04
. Jaswant presents populist budget, provides several reliefs to salaried class
. 50 paise cess to fund NHDP; 48 new road projects announced
. Budget gives boost to IT, telecom sectors
. Govt's gross receipts to shoot up by 13 per cent in 2003-04
. Budget pushes sensex up by 6
. RBI announces cut in savings rate
. Full text of budget speech

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