The idea behind starting Budget early in February was to complete the process by March 31, so that expenditure exercise for 12 months could begin on April 1.
Why is the Budget challenging?
Nirmala Sitharaman faces one of the toughest balancing acts of her career and the numbers before her are not very encouraging. In the third quarter, the GDP rose 4.5% from a year earlier, about half the pace notched in the first part of 2018. Consumer confidence is at the lowest level since 2014. The labor market, a vital indicator in a country with a population of 1.4 billion, is fragile: The jobless rate has climbed to a 45-year high of 6.1%.
Nirmala Sitharaman faces one of the toughest balancing acts of her career and the numbers before her are not very encouraging. In the third quarter, the GDP rose 4.5% from a year earlier, about half the pace notched in the first part of 2018. Consumer confidence is at the lowest level since 2014. The labor market, a vital indicator in a country with a population of 1.4 billion, is fragile: The jobless rate has climbed to a 45-year high of 6.1%.
Will FM Nirmal Sitharaman continue with the Bahi Khata?
During Budget 2020, Nirmala Sitharaman broke age old tradition of British-inspired leather briefcase for a more traditional Bahi Khata.
Bahi khata is represented as Indian culture while a briefcase may be interpreted as a British colonial tradition.
Even we all should follow our tradition.
Budget speeches of all finance ministers is compiled in one giant book at finance ministry.
Make or break Budget for Narendra Modi govt?
There is nothing like make or make.
Shri Narendra Modi is a strong leader who is leading Indian economy on a right and faster track.
Nothing can break such strong Government.
