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LATEST NEWS UPDATES | A Budget exercise that is designed for stressed times -TT Ram Mohan

A Budget exercise that is designed for stressed times -TT Ram Mohan

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published Published on Feb 2, 2020   modified Modified on Feb 2, 2020
-The Hindu

The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms

The Finance Minister’s job is a greatly coveted one but no politician would want to be in Nirmala Sitharaman’s shoes today. The Indian economy has slowed to a 5% crawl. The financial system is under considerable stress. Assumptions about tax revenues have gone awry. The clamour for government to ‘do something’ to get the economy going is deafening but there are simply no quick fixes.

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The Hindu, 2 February, 2020, https://www.thehindu.com/opinion/op-ed/a-budget-exercise-that-is-designed-for-stressed-times/article30715339.ece?homepage=true


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