Budget and moral imperatives4 min read . Updated: 25 Jan 2017, 02:22 PM IST
Increasing public investment and employment remains a moral imperative for finance minister Arun Jaitley
Union finance minister Arun Jaitley is probably caught in a cleft stick. With demonetisation throwing a spanner in the works, his fourth budget will understandably try to achieve a balance between reviving economic growth and maintaining fiscal stability. These are two seemingly conflicting goals, with economists sharply split on both sides of the divide. The fiscal responsibility and budget management committee is also believed to have drawn some red lines. But Jaitley may not have much of a choice.
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