Prime Minister Manmohan Singh on Monday described as “well-balanced” the Vote-on-Account presented by Finance Minister P. Chidambaram, saying it portrays a “realistic picture” of the economic situation of the country.

Commenting on the interim budget, Dr. Singh said Mr. Chidambaram “aptly summarised” the economic and social achievements of the last 10 years “which our Government is proud of.”

Referring to the measures announced about student loans and skill development, Dr. Singh said these are aimed at India realising its demographic dividend and help our young.

On ‘One-Rank-One-Pension’ which was announced in the Budget, the Prime Minister said it, “has been addressed comprehensively and I am confident that our forces, officers & jawans will welcome this.”

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