A ‘never before’ budget for ‘never before’ times3 min read 02 Feb 2021, 05:27 AM IST
The multiplier effect of capital expenditure can aid fiscal consolidation in medium-term
Union budget 2021-22 will be a memorable one, being the first budget of the decade, the first digital budget and one coming after an economic contraction. Excellent articulation of the six pillars of health and well-being, infrastructure, inclusive growth, R&D and innovation, minimum government maximum governance and human capital lent credibility to the budget.
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