India is just a month away from the annual Budget. It is tabled on Feburary 1. The Indian economy is poised interestingly. While GDP has surged above 8%, inflation plunged to lowest levels in October. All eyes are now on the key Budget announcements that would look to balance growth and inflation levels within the target rates. The Govt’s fiscal prudence is no doubt tested at a time when global headwinds continue to be a key concern. As the government aims to keep inflation within a “comfort band” so growth is not hurt, here is a look at what can be expected from this year Budget and how the Indian economy had performed in terms of inflation.