Union Budget 2011 was being approached by much curiosity and anxiety. FM Pranab Mukherjee presented the Budget for FY 2011-12 in the Parliament earlier as we speak. As the provisions were rolled out, the Bill turned out to be a mixed bag. The FM had a tough task of balancing the conflicting goals of lower taxation, lower inflation, growth impetus, and budget deficit. From the the major changes were proposed in the fiscal provisions, as highlighted below.

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In 1999, he was conferred the Padma Shri by brand new of India and in 2007, he was awarded the Padma Bhushan. He's won 14 Filmfare Awards: seven times for Best Script and eight times for Best Lyrics! He's also been a person receiving the National Award, Videocon Screen Award, Zee Award and Lux Zee Cine Award. He won nationwide Integration Award from the All India Anti-Terrorist Association and the Avadh Ratan from federal government of You.P. and the Hakim Khan Sur Sammaan Award from the Maharana Mewar Foundation, Udaipur. He is member in the advisory board of the Asian Academy of Film & Tv shows.