Expectations from Union Budget 2011 an initiative from CNBC-TV18

Expectations from Union Budget 2011 are running high especially with the Indian economy witnessing a surge in different sectors. India was among the few countries in the world to implement a broad-based counter-cyclic policy package to respond to the negative fallout of the global slowdown. While rising strongly in the world economic order, India faces the most critical challenge of crossing the "double digit growth barrier'. At the crossroads, Indian economy will have to walk a tight rope between chasing growth and curbing inflation.

While the economy is expected to grow by 8.4 per cent, measures to control the rise in food prices and the high inflation rate, manage the fiscal deficit and focus on inclusive development would require immediate attention. Further, sectors like infrastructure that have a multiplier effect on the economy are also under serious strain with reducing investments in research and development. Agriculture and allied sectors that play an increasingly important role in the all round development of the country are also under the scanner this fiscal. India has witnessed weaknesses in the government systems, structures and institutions at different levels of governance. Thus, this fiscal will also highlight how the UPA II government will cut through the scams and political stalemate by addressing issues related to regulation and changing business environment by introducing new or changing existing corporate governance norms. Even though Budget 2011 may not be a panacea, it will set the outline for the economy for the near future. Considering the complex nature of opportunities and challenges facing the Indian economy this year, the CNBC Channels will approach Budget 2011 with a theme that epitomizes the expectant atmosphere prevalent today and seeks to answer the big question, "Will Budget 2011 make the impact India needs?".

Commenting on the budget programming, Anil Uniyal, CEO, CNBC-TV18 and CNBC AWAAZ said, "CNBC-TV18 & CNBC AWAAZ have always set the tone and established new benchmarks in budget coverage over the last decade. This year as well, the channels will deliver a comprehensive mix of special programming and initiatives focusing on budget expectations, analysis and impact across communities and through multiple approaches and formats. This year's budget is clearly critical, as the government must find the balance between the double digit growth and price stability; they also need to look at an inclusive agenda while funding infrastructure. Our shows will not only highlight the issues that are closest to the hearts of millions of Indians but also gives them an insight on issues they need to know about. With a panel of leading experts, think-tanks and India's best editorial minds, CNBC-TV18 and CNBC Awaaz are all set to provide the most comprehensive analysis of the Union Budget 2011".

CNBC-TV18 & CNBC AWAAZ have launched a special line-up of initiatives analyzing the challenges and opportunities facing the FM this year and also air views and expectations of stakeholders across the country. These initiatives will include editorial shows, ground events, on-air segments and vignettes and other special initiatives.