Budget 2018 will look to revive investments, alleviate rural distress

From fiscal deficit target to rural development and infrastructure boost, ‎Dun & Bradstreet India Lead Economist Arun Singh lists his Budget 2018 expectations

The Union Budget of 2017-18 had introduced three important structural changes i.e. a) the Budget was preponed to February from March; b) the railway and Union Budgets were merged; and c) expenditure was reclassified as capital and revenue spending instead of plan and non-plan. 

Union Budget 2018-19 as well is expected to have some element of surprise. Given the fact that this budget is going to be the last budget of the ruling government before the 2019 general election, expectations of the market are varying from populist to surprise to stringent measures that the government is likely to