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Reviving growth: Government needs to do a fine balance in Budget on Feb. 1


Reviving growth: Government needs to do a fine balance in Budget on Feb. 1
Published Jan 25, 2021, 9:07 am IST
Updated Jan 25, 2021, 9:07 am IST
The fiscal situation is now under stress driven by a shortfall in revenue collections due to a fall in GDP induced by the Covid-19 crisis
 Finance minister Nirmala Sitharaman and RBI Governor Shaktikanta Das (PTI/file)
With economic activity resuming and the vaccine becoming a reality, the challenge of lives versus livelihoods is largely addressed. The next big challenge facing the government is getting growth back.
The government has been fiscally prudent in its Covid interventions, with support to industry coming in the form of loan guarantees and reform measures. However, as private consumption, investments and exports remain sluggish, the burden to nurture the unexpected but buoyant recovery falls primarily on public expenditure, at least in the immediate term. ....

Sadak Yojana , National Digital Health Mission , Pradhan Mantri Awas Yojana , Pradhan Mantri Gram Sadak , National Digital Health , Fiscal Performance Index , Economic Activity Resuming Hike In Capital Expenditure Fall Gdp Induced By Covid 19 Cii Suggests Seven Point Agenda , சதக் யோஜனா , தேசிய டிஜிட்டல் ஆரோக்கியம் பணி , ப்ர்யாட்ஹந் மந்திரி அவாஸ் யோஜனா , ப்ர்யாட்ஹந் மந்திரி கிராம் சதக் , தேசிய டிஜிட்டல் ஆரோக்கியம் , நிதி செயல்திறன் குறியீட்டு ,

Chandrajit Banerjee | Reviving growth: Government needs to do a fine balance in Budget on Feb. 1


Chandrajit Banerjee | Reviving growth: Government needs to do a fine balance in Budget on Feb. 1
Published : Jan 25, 2021, 9:07 am IST
Updated : Jan 25, 2021, 9:07 am IST
The fiscal situation is now under stress driven by a shortfall in revenue collections due to a fall in GDP induced by the Covid-19 crisis
 Finance minister Nirmala Sitharaman and RBI Governor Shaktikanta Das (PTI/file)
With economic activity resuming and the vaccine becoming a reality, the challenge of lives versus livelihoods is largely addressed. The next big challenge facing the government is getting growth back.
The government has been fiscally prudent in its Covid interventions, with support to industry coming in the form of loan guarantees and reform measures. However, as private consumption, investments and exports remain sluggish, the burden to nurture the unexpected but buoyant recovery falls primarily on public expenditure, at least in the immediate term. ....

Sadak Yojana , National Digital Health Mission , Pradhan Mantri Awas Yojana , Pradhan Mantri Gram Sadak , National Digital Health , Fiscal Performance Index , Economic Activity Resuming Hike In Capital Expenditure Fall Gdp Induced By Covid 19 Cii Suggests Seven Point Agenda , சதக் யோஜனா , தேசிய டிஜிட்டல் ஆரோக்கியம் பணி , ப்ர்யாட்ஹந் மந்திரி அவாஸ் யோஜனா , ப்ர்யாட்ஹந் மந்திரி கிராம் சதக் , தேசிய டிஜிட்டல் ஆரோக்கியம் , நிதி செயல்திறன் குறியீட்டு ,