Proper monetisation of assets can wipe off Budget deficits

Refreshingly, both in healthcare and infrastructure, the FM has talked about a plan that stretches well beyond a year. Along with education, these form the foundation for an inclusive society

If I was editing the Budget speech, I would make the third pillar — Inclusive Development for Aspirational India — the objective. I would have four pillars supporting this objective: health, infrastructure, human capital and an ecosystem for free enterprise. The last pillar is not simply ease of doing business but includes ease of entry into, and exit from, business. Observe that I have left out two of the pillars stated by the Finance Minister — dealing with innovation and the one on maximum governance and minimum government.

Indian business incumbents were highly protected all the way till 1991. There were