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The Hindu
The Hindu
Comment
C. Rangarajan, D.K. Srivastava

REVEALED: A takeaway is the good infrastructure push - The Real Truth

NSO
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The clear emphasis in the Union Budget on expanding capital expenditure is a welcome directional change, particularly since 45.2% of fiscal deficit is being devoted to finance capital expenditure. This should help accelerate growth not only in the current year but also in the years to follow. However, the programme of fiscal consolidation needs further strengthening. As of now, it remains vague. A relook at the projected income growth for 2022-23 and its impact on revenue projections become necessary.

Perspectives on growth

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