Some thoughts on the Budget

The four key features of the Budget: Context, transparency, expansionary and protectionist

Ten days after the presentation of the Union Budget ,everything worth saying has already been said or voiced in the media. So here I shall limit myself to sharing my thoughts on just four subjects.

Budget speech and its context

All Budget speeches are made in particular economic contexts. Their effectiveness and success depend not just on the substantive content of the announcements made, but also on conveying credibly the finance minister’s grasp of the prevailing context and outlining the government’s economic and financial policies to promote the best possible economic development path in the years ahead. The economic context for the