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India Today
June 1, 1998


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UNION BUDGET 1998-99
Exclusive CEO Poll
Go On, Move It

Only Chairpersons and Managing directors of top Indian private and public-sector corporations and MNCs were reached for an India Today Poll conducted over four weeks ending May 7 -- just before India's nuclear tests The 63 respondents represent manufacturing, services, petrochemicals, engineering, banking and finance. Follow-up reveals that key perceptions haven't changed since the tests. It's clearly a pro-reform result. Some 87 % of the CEOs of Indian companies feel MNCS should'nt be banned from making consumer goods. And an overall 80 per cent feel this Government has a better chance than previous governments to boost the economy.

Do you expect the budget to be...

Pro-poor                           1.5
Pro-Business                    13
Split between two            76

All respondents
Rest: don't know/can't say

The graphs are only representations and not to scale


How do you rate the following in terms of government priority?

(Some respondents devised their own scale. Those values have been converted to make a common scale. Some have ranked more than one item in certain priorities)

Percentage of those who ranked No. 1...
Increase expenditure on Infrastructure                                                  35
Cut government expenditure                                                                29
Deregulate industry                                                                            21
Make guidelines for investments transparent, non discretionary             13
Reform labour laws                                                                            11
Enforce anti-dumping measures                                                          10
Reform the financial sector                                                                 6
Boost exports                                                                                   6
All respondents                                                                                                     Rest: others

On a scale of 1 to 10 how do you rate the stability of the Government?

                             On a scale of 1 to 10 how do you rate the stability of the Government

Those who ranked 5: 15.5    Ranked 6:15.5
Ranked 7:9  Respondents: Indian Companies
All figures in percentage              

 

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