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Budget 2013: Rural, social spending hiked, subsidies cut, I-T rates unchanged
Chidambaram did a tight rope walk balancing growth needs with fiscal prudence, stepped up expenditure in social sectors and cut subsidies.
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Budget will not impact India's sovereign ratings, says S&P
S&P said there had been "little progress" in structural reforms to reduce the "vulnerability" in the government's fiscal position.
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More decisions, measures during Budget passage in Parliament: Chidambaram
Addressing a post-Budget press conference, Chidambaram said Budget is not a one-stop or one-step measure and is a continuing process.
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Budget 2013: No changes in tax slabs; super-rich to pay more tax
Budget 2013 raised social spending, slapped surcharges on Rs 1-crore-plus incomes and on property deals, increased corporate tax payouts, and kept tight deficit targets.
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