3Novices:Will Jaitley pursue 'big bang' reforms that Economic Survey desires?

New Delhi, Feb 27 (IANS) With the Economic Survey suggesting "big Bang" reforms, expectations run high on the national budget due Saturday, in an exercise being regarded as a test-case for Prime Minister Narendra Modi government's earnestness to provide policies for "double-digit growth". "As the new government is to present its first full year budget, it appears India has reached a sweet spot and that there is a scope for big bang reforms now," the survey, tabled by Finance Minister Arun Jaitley said, setting, in a way, the agenda for this annual exercise. This will be Jaitley's second annual budget, with the first one coming in the middle of the year after a major victory in the national elections for the Bharatiya Janata Party (BJP). "Therefore, it would not be wise to expect everything that can be done or must be done to be in the first budget presented within forty-five days of the formation of this government," he said, alluding that he intended to undertake a more comprehensive exercise in the upcoming budget.

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