Finance Minister Nirmala Sitharaman strove hard over five days ending May 17 to present what was called a Rs 20-trillion stimulus to the coronavirus-hit economy, after Prime Minister Narendra Modi announced it on May 12. It was at best a hastily sketched road map for a post-Covid de-globalised India and of a piece with her last Budget: A laboured hodgepodge of tried and often failed schemes. But it certainly wasn’t a stimulus package as is commonly understood, nor did it add up to Rs 20 trillion as expenditure to the exchequer.
She paused, repeated herself and pointed to crowded graphics. E
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
