Can He Walk the Talk?
Arun Jaitley has shown the right intent by focusing on the rural economy in his Budget, but appears to have failed to outline a clear roadmap for delivering on his promises.
- Mar 9, 2016,
- Updated Mar 9, 2016 6:29 PM IST
Narendra Modi government's second full-fledged Budget came on the back of high expectations. There was hope that it would further the economic reform process, and resuscitate the rural economy while paving the way for a unified tax regime. It also came at a time when the global macroeconomic headwinds appeared to be taking a toll on India. It is a coupled world and you can't say that if the world will crash we will do well. So, if the global economy does not do well, we will also be in trouble.
Narendra Modi government's second full-fledged Budget came on the back of high expectations. There was hope that it would further the economic reform process, and resuscitate the rural economy while paving the way for a unified tax regime. It also came at a time when the global macroeconomic headwinds appeared to be taking a toll on India. It is a coupled world and you can't say that if the world will crash we will do well. So, if the global economy does not do well, we will also be in trouble.