Rollback Budget

Yashwant Sinha has a record of introducing the maximum number of amendments to the Finance Bill after presenting the budget, which had earned the BJP leader the title of "rollback finance minister".

Rollback Budget

Key Objectives: Strengthen the rural economy; restore the momentum of industrial growth; accelerate the development of infrastructure.
In photo: Industry (U) and farmer (D) (AFP)

Rollback Budget

Key Objectives: Expand job opportunities; give special impetus to social sector development; control over inflation; raise the rate of domestic savings to achieve higher national investment; raise the productivity.
In photo: Bombay Stock Exchange (U) and a market in Mumbai with foreign brands (D) (AFP)

Rollback Budget

In the end, Yashwant Sinha's Finance Bill contained 122 clauses and 91 amendments, with 45 of them amended.
In photo: Yashwant Sinha (AFP)

Rollback Budget

Yashwant Sinha's budget became famous for its "rollback", he had to rollback the proposed urea price hike by 50% a day after his budget speech in Parliament. A few weeks later, he was forced to settle for a 4% special countervailing duty on imports, instead of the proposed 8%. Further, he dropped the 8% excise on namkeen and mithais.
In photo: People standing with currency in their hands (AFP)