India’s budget will have to deliver an artful balancing act between growth and stability. The reassuring news: simply following the template of the last two years will be a very good starting point. What has been that template? A realistic quantum of fiscal consolidation, conservative tax assumptions, and a strategic thrust on public investment as a near-term driver of growth. The same prescription is what the economy needs at this moment
from Economic Times https://ift.tt/wk0yYjp
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