Business Standard

Imperative that govt brings the economy back on track

The government may not have the fiscal muscle to dole out more sops but they have to do it by letting go of the fiscal deficit target.

Ambareesh Baliga
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Ambareesh Baliga. Photo: Twitter (@ambareeshbaliga)

Ambareesh Baliga New Delhi
The announcements made by Finance Minister Nirmala Sitharaman on Thursday had nothing to do with the industry or corporates, but for the poor and marginalised sections of society. These are welcome and highly commendable proposals. They were needed since the economically weaker section (EWS) is vulnerable and would surely be worried about the prevailing economic condition.

I think, the next set of announcements by the government will be for the industries. The government may not have the fiscal muscle to dole out more sops but they have to do it by letting go of the fiscal deficit target. At times like

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