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Budget expectations: Will fiscal discipline trump populist demands?


Budget expectations: Will fiscal discipline trump populist demands?
One shouldn’t be too surprised if the govt tilts in favour of fiscal discipline given that this has been an equally difficult year for the govt too
(Photo: iStock)Premium
Amit Singhania,
Suyash Sinha
The govt is more likely to adopt a balanced approach that marries fiscal discipline with some measures to boost consumption
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Many are touting Union Budget, 2021 as a seminal one that will hold the key to several of the problems that India’s economy currently faces. But, a more discerning perspective of the nation’s present economic state suggests that the government is more likely to adopt a balanced approach that marries fiscal discipline with some measures to boost consumption. In fact, one shouldn’t be too surprised if the government tilts in favour of fiscal discipline given that this has been an equally difficult year for the government too. ....

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