The budget must aim at reforms and create new shock absorbers4 min read . Updated: 20 Jan 2022, 06:06 AM IST
An infrastructure focus with a health, jobs and exports thrust could aid our recovery. Reforms can act as economic cushions
The Union Budget for 2022-23 is being announced in exceptional circumstances—a nascent economic recovery is gathering pace, investor confidence is on the upswing and Indian stock markets are booming. Yet, a spike in covid infections led by the Omicron variant and a third wave of the pandemic are creating some apprehensions over a loss of the country’s growth momentum. If handled well, the present strain may not derail the economy. But the uncertainty and threat remain.
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