Budget 2012: Union Budget 2012-13 to be full of ifs and buts

Hon'ble Union Finance Minister, Pranab Mukherjee will present the Union Budget for the year 2012-13 in the Parliament on 16/03/2012. The Budget will take into account the available resources and will aim at raising the Gross Domestic Product (GDP) growth rate to new heights. Expectations are always high from the Union Budget, but this year the expectations are even higher due to an exemplary increase in inflation as well as a widening fiscal deficit. Like every year, this year too, people are eagerly awaiting the annual Budget announcement. As usual, there is a lot of hope and anticipation among the common man. People will expect the government to give some relief in the existing policies.

A number of reasons, such as the fiscal deficit suggested in the monetary policy of RBI, measures to control inflation, so that the GDP growth rate is maintained and does not go below 7%, measures to control the interest rate etc. are responsible for the current financial problems of India. Besides, high government expenditure, unsustainable subsidies and steep interest payments have added to this burden. Will Finance Minister be able to stand up to the hopes of millions of Indians? Well, this question will be answered on 16th March, 2012, when the the Union Budget 2012-13 shall be presented in the Indian Parliament. On that day, it will be disclosed whether the Union Budget 2012-13 will favour or frustrate the common man.

Information Technology (IT): As per the Kundali of independent India, Sun is the Lord of the 4th House and it is in the 3rd House in the zodiac sign Cancer. On the day of the Budget presentation, the natal Sun is transiting through zodiac sign Pisces in Purvabhadrapada Nakshatra (constellation) with debilitated Mercury in the House of gains. This suggests that software companies working for the software and finance of the Banks' infrastructure are likely to be in focus.

Automobile Sector: Mercury and Venus are associated with the Automobile sector. Recently, the crude oil prices in the international market have distinctly gone up. In India's Natal chart, Mercury is the Lord of the 2nd and the 5th House. On the day of the Budget presentation, Mercury will be retrograde and with Sun in the 11th House, in the debilitated sign Pisces and will be transiting through the constellation of Saturn. Venus, in India's Kundali, is the ascendant and the Lord of the 6th House. Venus, on the day of the Budget, is transiting through the House of loss and also from its own constellation, Bharini. However, in the Navmansh Kundali, it will be transiting through the debilitated sign, Virgo. Therefore, the Automobile secotrs may not have any direct and favourable influence of the Budget. However, the Finance Minister may induce some positive movements in the aforesaid sector, foresees Ganesha. The future of the Automobile sector looks set to be promising. But, overall, the Union Budget 2012-13 will neither benefit nor harm the Automobile industry.

Pharmaceuticals: The Pharmaceutical sector is represented by the Sun. In India's Natal chart, Sun is in the 3rd House, in the zodiac sign Cancer. On the day of the Union Budget 2012-13, the natal Sun is transiting through the zodiac sign Pisces and constellation of Jupiter. As a result, the Pharmaceutical sector will experience some powerful and long-term influence of the Budget. Moreover, in the upcoming Union Budget, businesses related to the production and R&D (research and development) of medicines for liver, diabetes, pituitary gland, blood disorders and circulation, obesity, heart enlargement are going to be in focus. Apart from these, vaccines and bulk drugs are also likely to be in focus.

Banking: As per Vedic astrology, Mercury represents the Banking sector. In India's Natal chart, Mercury is in the 3rd House, in the zodiac sign Cancer. On 16/03/2012, natal Mercury is debilitated in Pisces, the sign of Jupiter, and is transiting through the 11th House. Moreover, it will be moving through Saturn's constellation. This movement may prove to be challenging for the Banking sector, as retail loan, deposit rates, rise in savings deposit rate, and property valuation may get affected by it. However, the sector itself is going through a favourable phase, there are chances that a proposal to increase the numbers of branches and ATM machines will be put before the Parliament. The Finance Minister may concentrate on the performance of Public Sector Unit (PSU) banks and insurance sector in the upcoming Union Budget, notes Ganesha. When, during the course of the year ahead, Mercury gets disturbed, this sector may experience its negative consequences. But, overall, there will be no major highs or lows in the Banking Sector, foretells Ganesha.

Infrastructure-Cement and Real Estate: This sector is ruled by Mars. In India's Kundali, Mars is in the 2nd House, in the zodiac sign Gemini. On the day when the Union Budget is going to be presented, natal Mars is going to be retrograde in the 4th House and in the constellation of Venus. The planetary position is likely to lessen the benefits that Infrastructure-Cement and Real Estate sector business should get otherwise or the corporate companies associated with this sector would express their disappointment about the business. In the Cement industry, the burden on the cost of raw material is likely to increase, and therefore the government may have to increase the fuel cost by 8 to 10 rupees per 50 Kg. bag. To sum it up, Ganesha says that the Cement sector may go through difficult times during 2012-2013.

Metal and steel: Saturn and Mars represent the Metal and Steel sector. These two planets are in a retrograde motion on the day when the Union Budget is going to be presented before the Parliament. Whenever a planet is in retrograde motion, its basic characteristics and elements behave/react in a uneven pattern. Therefore, as far as this sector is concerned, Mr. Pranab Mukherjee is likely to give some odd and perplexing results.