Budget silent but not without direction
The government is eager to play the role of growth driver at the expense of fiscal prudence in the near term –a calculated step but one that could be aSimultaneously, the budget urges an early return to measures aimedat:
reducing subsidies (expert group to advise on petroleum pricing),
curbing government expenditures, and
embarking on disinvestment (while retaining at least 51% inPSUs).