Business Today

A Credible Balancing Act

The Interim Budget has delivered pro growth impetus without giving way to populism.

Although the term Interim Budget suggests it, this clearly is not a Budget meant to have a short shelf life. It has managed to deliver pro growth impetus and still maintained fiscal prudence by eschewing overt populism despite pressures to the contrary.

The Budget has been able to provide a consumption stimulus for people who badly need it. Farmers will get it through a farm income package

You're reading a preview, sign up to read more.

More from Business Today

Business Today5 min read
Battle For Mumbai Airport
GVK and Adani are both big names in infrastructure. Both symbolise entrepreneurship spawned by the post 1991 economic liberalisation. Yet, both are distinctly different. One broke the mould as developer of the Mumbai International Airport, and turned
Business Today4 min read
Align CSR With National Goals
Corporate social responsibility (CSR) in India has evolved since 1965 when Prime Minister Lal Bahadur Shastri, at an event inauguration in New Delhi, urged the corporate fraternity to fulfil its obligations towards customers, workers, shareholders an
Business Today4 min read
Ballooning Danger
The global financial meltdown of 2008 was brought on by a choppy U.S. mortgage market. Part of the crisis was triggered by high household debt besides lending to borrowers with not so good credit history. The world's largest economy saw its household