Letter to BS: Budget 2020 is inclusive, pragmatic and development-oriented

Walking a tight rope and well within her limitations, the Union finance minister has attempted to present a Budget that is pragmatic and development-oriented with focus on wealth creation and building infrastructure for socio-economic welfare, given the available fiscal space and geo-political and geo-economic equations. The Budget has attempted to cover all sectors of the economy with massive spending indicated in critical sectors. A sense that we get in the Budget is that a virtuous cycle for growth must assume centre stage. If the fundamentals are firmly laid out and the capacity to bear risks and setbacks are deftly managed