Too much should not be read into it, except it does reflect the Government’s directional thinking in its focus areas of spen♚ds and its revenue generation pl🐠ans, writes Robin Banerjee.
Robin Banerjee
Editor
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The excess of expenditure over receipts have been kept under reasonable control. It is 𒈔targ﷽eted at 3.3% of gross domestic product for next year from 3.4%. This is good news as inflationary pressures should remain under control.
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The broad expectations of 2019 Budget are: spur growth, keep the fiscal deficit🍸 in check and preserve government borrowing under control.
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The latest 1st Feb Budget did not have its 𝓡usual brouhaha as it was supposed to be an Interim Budget till the new Gove📖rnment takes over in a few months.
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