Expectations ahead of Budget 2011 are the lowest in recent memory. Not only has the public’s confidence in the government, which is roiled in a series of alleged scams, hit rock bottom, but fresh macroeconomic troubles have also surfaced, with international oil prices surging in the aftermath of political upheavals in major oil producing nations such as Libya.
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To gauge the mood of the nation ahead of this crucial budget, Synovate India undertook, on behalf of Mint, a series of focus group discussions with four demographies: homemakers, students, farmers, and small and medium enterprise owners. The results affirmed that expectations are low and that people are looking at the budget to provide solutions on inflation, jobs growth and turning around governance standards.