Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

Amitabh Dubey

Political Analyst, India Research
+91 99999 10781

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India: Cautious budget does little to stimulate growth

Overview

Overview
Finance Minister Arun Jaitley presented his annual budget on 1 February amid slower GDP growth following the government’s shock demonetization drive. We judge the budget by four key macro parameters: efforts towards fiscal consolidation, steps to revive economic growth, achieving a balance between social objectives and market-friendly policies and progress on structural...

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