Below the Interim Budget: On Expected Lines by Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings
With no changes in direct and indirect taxes, including import duties, 70 bps reduced fiscal deficit, 11.1% rise in capex, thrust on poor, women, youth & farmers, the basic philosophy of the Vote on Account, as expected by us, is “if it ain’t broke, don’t fix it!”.
A steep fiscal deficit reduction was clearly anticipated by...
Interim Budget: On Expected Lines by Dr. Manoranjan Sharma, Chief Economist at Infomerics Ratings
