Business Standard

Sitharaman's maiden Budget leaves big economic questions unanswered

The adoption of electric vehicles is poor in India because of a lack of consumer choice

Finance Minister Nirmala Sitharaman with MoS Anurag Thakur and others outside the North Block ahead of the presentation of Union Budget 2019-20 at Parliament
Premium

Finance Minister Nirmala Sitharaman with MoS Anurag Thakur and others outside the North Block ahead of the presentation of Union Budget 2019-20 at Parliament | Photo: PTI

Aakar Patel
This was an unremarkable Budget from a government that knows it has time, and will have more opportunity to tweak its finances and its outlook. However, it will disappoint those, including its friends, who were hoping for breakout ideas and fresh vision.

There was some flash and bang over numbers that few Indians will comprehend or can relate to, such as heralding an economy of $5 trillion. There was a welcome soaking of the so-called super rich, who will now pay a 7 per cent surcharge if earning more than Rs 5 crore a year.

But the big economic questions
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