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DELHI, March 14- The Government would be able to attain a target of
single unit digit inflation of eight to nine percent and a growth rate
of four percent says Prof. J D Agarwal an eminent economist and director
of the Indian Institute of Finance.
Speaking
at panel discussion organised by the Institute of Economic Studies at
the India International Centre here on Saturday Mr. Agarwal opined that
the present budget is intended to help people from all walk of life.
He
said that the budget was embedded with many good and positive features
but it has certain implications also.
According
to Dr. Agarwal this is a meaningful simplification and rationalisation
of personal tax reliefs but the Government may not be able
to sustain this proposal and would restore some of the relief's
in due course.
Other
panelist in the discussion were Mr. Somnath Chatterjee of CPI (M), Jaipal
Reddy of Janta Dal, Mr. R.N. Lakhotia Tax Consutant and Mr. V.N. Sharma Retired General of Army.
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