 "Illustration by Binay Sinha")
The finance minister will present the Budget for 2017-18 in an economy reeling under the hammer blows of the demonetisation exercise, a sharp fall in consumer and business confidence, a continuing slowdown in corporate investment, slow growth in global trade and an environment unfavourable for inward capital flows.
With the elimination of the Plan and non-Plan differentiation and new formats for the expenditure proposals we can expect some changes in the cosmetics of the Budget. These may help to hide the underlying blemishes, like, say, slowing of public investment growth. The recommendations of the Fiscal Responsibility and Budget Management
With the elimination of the Plan and non-Plan differentiation and new formats for the expenditure proposals we can expect some changes in the cosmetics of the Budget. These may help to hide the underlying blemishes, like, say, slowing of public investment growth. The recommendations of the Fiscal Responsibility and Budget Management
