Central Budget 1982-83

N J Jhaveri The Budget for 1982-83 appears to have fallen short of the expectations of business and industry and the salariat. Its failure in this regard sterns partly from the exaggerated expectations that had been raised and partly from the many factors which have rendered Budgets an exercise in keeping the Five-Year Plans going as best as possible. The 1982-83 Budget's support to the Sixth Plan is only modestly higher than its predecessor's and even this modest increase has been achieved with great difficulty. While the Budget has taken several steps in the right direction, many of them are taken haltingly, primarily because resource mobilisation is becoming an increasingly difficult, exercise.