Indian Budget - A wish list remains just a wish list

Economic growth for 2007-08 has been pegged at 8.7 per cent, compared with 9.2 per cent in the last fiscal. Although the macroeconomic fundamentals continue to be strong, holding on to this growth rate would prove to be difficult for the government with inflation and infrastructure staring in the face as the biggest challenges. As per the 11th Five Year Plan, the infrastructure investment required...