It's a fiscally expansionary budget which is not reckless
It’s a fiscally expansionary budget which is not reckless ByAjit RanadeAjit Ranade / Updated: Feb 2, 2021, 06:00 IST fiscal stimulus that was mostly absent during the pandemic year Lok Sabha by the finance minister on Monday. Its total size is nearly Rs 35-lakh crore. That is Rs 27,000 per man, woman, child of India. How is this money going to be raised? More than one third, i.e. Rs 12-lakh crore, will come from fresh borrowing. That is the funding gap, or the size of the fiscal deficit. It...
Source: indiatimes.com