Implementation is the key
The agenda set out in Budget 2015 will live or die on the basis of the quality of implementation
Budgets are an opportunity to analyse a government’s priorities, and the recent budget afforded a useful look into how this government wishes to reshape India. There is a lot to like about the budget—in broad terms, it has set an agenda to try to address the obvious inadequacies in the Indian economy. However, the key to the success or failure of the agenda laid out in the budget, to paraphrase the finance minister Arun Jaitley’s own statements, lies in the remaining 364 days of the year.