Interim budget to focus on job creating sectors?

The interim budget of India to be presented in house by the acting finance minister Pranab Mukharjee on February 16. Alike all other economies of the world, Indian economy is also affected by the global turmoil.

The global financial crisis has affected all the sectors of India economy and the result is huge job loss. The loss of jobs may rise if the situation goes further wrong. Giving priority over the job losses in the economy, the government may try to adopt some measures in the interim budget.

Through the interim budget provisions the government would try to tackle the economic obstacles and global financial crisis. Many companies in India and abroad have been adopting the cost cut measures in order to keep them safe during the global financial crisis.

The government may bring a people friendly interim budget as the general election are round the coroner. However, it's a tough time for government to balance the option of popular budget and the measures to check global financial crisis.