Union Budget 2008 - If I Were the Finance Minister of India ..

mint-wall-streetThis piece was published in Mint, a joint initiative of the Wall Street Journal and HT Media.

What are the three things you wish for from the Budget?

Tax rich farmers, do away with capital gain bonds especially for capital gains from sale of property, bring out a common card/ number for doing all financial transactions and social needs, and do away with need for different PAN, voter ID, mutual fund KYC norms, etc.

If you could end one thing, what would that be?

End subsidy on LPG for people living APL (above poverty line).

If you were finance minister, what would be the one thing outside your industry you would want in the budget?

Primary Education to be made compulsory for all at any cost as it is the sole reason for the growing problem of poverty, unemployment, population and social unrest.

What is the one thing you don’t want changed?

Continue exemption on long-term capital gains to facilitate wider stock market participation.

Which budget disappointed you the most? Why?

The Union budget 2007 since it was mostly a non-event and anti-reform due to political compulsions.

One proposal you think is shot down in every budget but shouldn’t be.

The issue of tax moderation, which makes relevance in today’s economy since due to inflation and rising incomes, tax slabs should be increased for focus on middle and higher income population.

What would you consider to be inclusive growth?

For having inclusive growth and financial inclusion, what we need is a framework where the rich and poor co-exist and achieve higher incomes, as without growth, there cannot be rise in income and growth can only happen once capitalists are given proper environment to work.

Amit Agarwal

Amit Agarwal

Google Developer Expert, Google Cloud Champion

Amit Agarwal is a Google Developer Expert in Google Workspace and Google Apps Script. He holds an engineering degree in Computer Science (I.I.T.) and is the first professional blogger in India.

Amit has developed several popular Google add-ons including Mail Merge for Gmail and Document Studio. Read more on Lifehacker and YourStory


Awards & Titles

Digital Inspiration has won several awards since it's launch in 2004.

Google Developer Expert

Google Developer Expert

Google awarded us the Google Developer Expert award recogizing our work in Google Workspace.

ProductHunt Golden Kitty

ProductHunt Golden Kitty

Our Gmail tool won the Lifehack of the Year award at ProductHunt Golden Kitty Awards in 2017.

Microsoft MVP Alumni

Microsoft MVP Alumni

Microsoft awarded us the Most Valuable Professional (MVP) title for 5 years in a row.

Google Cloud Champion

Google Cloud Champion

Google awarded us the Champion Innovator title recognizing our technical skill and expertise.

Email Newsletter

Sign up for our email newsletter to stay up to date.

We will never send any spam emails. Promise.