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Interim Budget: In her presentation on February 1, FM Nirmala Sitharaman highlighted a 50 percent increase in the average real income of the people, coupled with moderated inflation.
Former Finance Secretary Subhash Chandra Garg was less optimistic. He said achieving a fiscal deficit target of 4.5 percent by FY26 will be difficult, adding that it will be tough for the central government to contain its fiscal deficit aim to less than 5.5 percent for the next fiscal year.
The government has to strike the right balance to keep the economy growing while also keeping it from overheating.
(CTN News) - Pakistan and India can't stop food prices - our problems are worse - a trend that fuels inflation, worsening the cost-of.............
Pakistan too has been facing food inflation challenge; The problem is far more serious in our case