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Rashmin Sanghvi & Associates

Chartered Accountants

109, 1st Floor, Arun Chambers,
Tardeo Road,
Mumbai - 400 034,
Maharashtra, India.

Tel. Nos.: (+91 22) 2351 1878, 2352 5694.

Fax : (+91 22) 2351 5275.

Email : [email protected]

 
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Budget 1997

VI. C O N C L U S I O N


Indian Government is in a financial crisis. Indian economy has sound fundamentals. Finance Minister has struck a strongly optimist note, presented an excellent budget, and started the second stage of liberalisation of Indian economy.

We are optimistic. The fact that there are serious problems, makes the exercise challenging and exciting.

Rashmin Sanghvi

Naresh Ajwani


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