Business Standard

Thursday, January 02, 2025 | 12:07 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

An impossible combination of things that India's Budgets attempt

Successive Indian governments have tried to do what they can't: target economic growth and equitable distribution simultaneously

Image
Premium

T C A Srinivasa-Raghavan
The finance minister recently said something about her forthcoming Budget being the only one of its kind in 100 years. People laughed at her.
 
Technically, however, what she said is true by a slender margin. We have not had a lockdown caused by a pandemic ever before. But there was one other occasion when the finance minister had to present a Budget in equally terrible, if not worse, circumstances — in 1947, just after India had been divided by the British into two countries.
 
Sir R K Shanmugam Chetty, a businessman from Madras with no particular expertise in
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in