 "reforms, economy, growth,policy, manufacturing, budget, fiscal, stimulus, deficit")
The second Budget during the second term of the government shows a clear continuity in the policies. When the Indian economy is suffering from multiple ailments, there were high expectations for some ‘surgical interventions’ to effect a swift cure with big bang stimulus. But it is short of big surprises. However, there are a few positive prescriptions for a slow cure, making the Budget pragmatic and balanced.
It is reassuring to see that the deficit target was kept within expected lines and 10 per cent growth in nominal gross domestic product is projected. The divestment target is the biggest ever
