India's Pranab Mukherjee defends 'zero-risk' budget
India's finance minister has defended the government's zero-risk budget, conceding he could not afford to undertake any bold economic reforms.
Pranab Mukherjee steered clear of contentious reforms in last Friday's budget and fixed a higher than expected fiscal deficit target that avoided tough public spending cuts.
But he told Shilpa Kannan from the BBC's India Business Report programme that politics did not overshadow economics.
19 Mar 2012