A Union Budget in India is one of the most debated Subject. It is so healthy to note that the attention of the intellectuals is , at least temporarily, diverted to some issues faced by the nation . We need more and more of such debates and interactions with those who govern us .

No matter how strongly we criticize the Governments, it remains a fact that year after year, they do come out with the budgets where in the Actual performance is also compared with the originally budgeted and revised Estimates. May I know, how seriously this is being done even in the private and personal sectors ? My gut feel is, the private and family pwned businesses in India fall pitiably short of our expectations when it comes to budgeting and transparency .There are some good points to learn even from Public sector, which has strictly followed this tradition left by the much criticized British Raaj !