Sitharaman’s budget has some hits but a few misses too
The uppermost issue was how the pressing demands of the two new, politically salient regional coalition partners from Bihar and Andhra Pradesh could be accommodated within the long-standing commitment to a fiscal deficit (FD) below 4.5% of GDP by 2025-26. The FD budgeted for 2024-25 in the final budget, at â‚ą16.13 trillion (4.9 % of…
