కేంద్ర బడ్జెట్ 2020 పై ప్రొఫెసర్ కె నాగేశ్వర్ సమగ్ర విశ్లేషణ Prof K Nageshwar on Unioun Budget 2021
Given the crisis the economy is facing and the populist mindset the entire political class is afflicted with, finance minister Nirmala Sitharaman has presented a Budget that cannot be called bad. That should be good enough, for, in this day and age, good is what doesn’t cause harm.
“The central government debt that has been the bane of our economy got reduced, in March 2019, to 48.7 per cent of GDP from a level of 52.2 per cent in March 2014,” she said in her speech. RBI data shows that despite slowdown in 2019-20, the government debt-to-GDP ratio is not expected to cross 50 per cent.
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కేంద్ర బడ్జెట్ 2020 పై ప్రొఫెసర్ కె నాగేశ్వర్ సమగ్ర విశ్లేషణ Prof K Nageshwar on Unioun Budget 2021 Given the crisis the economy is facing and the populist mindset the entire political class is afflicted with, finance minister Nirmala Sitharaman has presented a Budget that cannot be called bad. That should be good enough, for, in this day and age, good is what doesn’t cause harm. “The central government debt that has been the bane of our economy got reduced, in March 2019, to 48.7 per cent of GDP from a level of 52.2 per cent in March 2014,” she said in her speech. RBI data shows that despite slowdown in 2019-20, the government debt-to-GDP ratio is not expected to cross 50 per cent.