The budget must balance growth and public debt5 min read 24 Jan 2023, 10:41 PM IST
A slowdown in nominal growth will make fiscal compression harder but we should move towards fixing the primary deficit
Nirmala Sitharaman will present the last full budget of the second Narendra Modi government next week. National elections are due next year, so the February 2024 budget will likely be an interim accounting exercise to keep India’s wheels of administration moving till the next regime is sworn in.
Select your Category