Interest Payments

Why Union Budget 2020 is an opportunity for govt to demonstrate its intent to rebuild economic policy credibility

Union Budget documents show that from FY17 to FY20, capital expenditure allocation went up by 18 percent over four years; revenue expenditure went up by 45 percent in that same period: nearly 2.5 times more

Narendra Modi govt is mixing up its fiscal arithmetic; consequences may not be pleasant five years from now

The purpose of government spending is about providing finance for those areas that only the government can provide, and not leave them at the mercy of the market.