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52: As the Budget drumbeat rolls, what are our expectations?
Mint Views Daily Dispatch
English - January 31, 2020 05:34 - 10 minutes - 9.37 MBNews Commentary News news podcasts trending podcasts daily dose daily news trendy podcast current affairs news bites best podcasts listens news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 51: Kunal Kamra banned by three airlines; is the action justified?
All eyes are on finance minister Nirmala Sitharaman who will present the Union Budget on Saturday. A ramp-up in fiscal spending to revive growth seems likely. With key indicators including GDP, exports, investment showing poor numbers what can be done to increase consumption and revive growth? Greater infrastructure spending would help drive investment. On the other hand, a tax cut for the salaried could stimulate spending. Some argue it may be better to put money in the hands of the poor who have a greater tendency to spend. The choices are many, and Sitharaman has an unenviable task.