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Divergence in revenue estimates due to early Budget or lack of discipline?

Provisional actuals of the Budget for 2020-21 have once again varied sharply from the revised estimates. The variation provides fiscal cushion, but also raises several questions

Topics
Indian Economy | Budget estimates | Revenue Receipts

A K Bhattacharya  |  New Delhi 



revenues
Illustration: Binay Sinha
A K Bhattacharya

For two years running, the Union government’s Budget numbers on showed a large variation between those that were presented as the Revised Estimates (RE) in the first week of February and just about four months later as the Provisional Actuals (PA).

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First Published: Thu, June 03 2021. 12:26 IST

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