The Union Budget was “disappointing” as it lacked a vision, though measures like relaxing the fiscal deficit target and simplifying income tax are positives, the PM’s economic advisory council member Ashima Goyal has said.
Goyal, who is a part-time member of the Economic Advisory Council to the Prime Minister (EAC-PM), also said that it was a “surprise” not to have a mention of the word ‘slowdown’ in the nearly three-hour long speech by Finance Minister Nirmala Sitharaman.
The Budget document is a “balancing act” between fiscal stimulus to drive growth and the need to be responsible on spending,
Goyal, who is a part-time member of the Economic Advisory Council to the Prime Minister (EAC-PM), also said that it was a “surprise” not to have a mention of the word ‘slowdown’ in the nearly three-hour long speech by Finance Minister Nirmala Sitharaman.
The Budget document is a “balancing act” between fiscal stimulus to drive growth and the need to be responsible on spending,

)