First of all the caveat: What you do with your own budget and life is far, far, far more important in your personal life.

What Jaitely does with the budget is more of academic, economic or political interest. It should not really matter too much.

However, in a country with so much noise about the budget and people wanting big bang reforms, let us see what is really happening.

First take the case of the Tata Group. No comments about the budget, no comments about infra, no complaints, but goes about substantially building the group. I mean consolidating.

He has not announced any big acquisition, de merger, overseas listing, ….etc. etc. However, he has gone about slowly selling a small piece of land here and there, some mining interest in Indonesia, made sure Starbucks roll out is happening well – the pricing is just about perfect.

Cut to Narendra Modi’s budget. He knew what was important. External Affairs. If he did not do big level marketing your investment bankers could not have gone and attracted money to be invested in India. Then GAAR went out of the window. The IT department was asked to back off its aggression. ‘Establishment of office’ – the stupid clause went.

Hey, THESE ARE NOT RADICAL, but these changes will make money available for the Infra spending that we need.

Committing US $ 12 billion for infra (much needed of course) while leaving $ 40 billion for the poor is not easy, it has been done.

Infra spending will increase strength to concentrate on poverty alleviation programs. Setting up toilets for the poor – including schools – will ensure women’s safety and women coming to school. The urban elite does not seem to appreciate this at all.

Good roads are a prerequisite for a bigger manufacturing India. This is not rocket science, is it?

Like any good company the investments have to be made and then you need patience. When Aditya Puri of Hdfc bank raises money – you KNOW he is expecting the wholesale banking is going to grow in the next few years, and he needs to plan for his infra TODAY. This confidence comes from seeing the Na Mo government work. Those are your cues.

The Railway budget and the Union budget have BOTH brilliantly incorporated Na Mo’s wish list of Investment led growth.

Now go out there and invest YOUR time and effort towards YOUR growth. Do an annually increasing SIP. The market CANNOT GO UP TOO FAST – remember at 34k index you have already seen a 27% growth last year on the indices.

Temper your expectations, but yes fasten your seat belts. We may just take off. 8% growth? 8.3% growth? or is it 7.2 or 7.3%?

who knows?

Why care? You should be worried about your goals, your sip, your step up sip….and remember that the budget is a media event, which makes a lot of money for the newspapers, television, etc. and if you see me on some channel…well it is just a professional hazard..