Reviving growth, creating more jobs, giving a stimulus to the economy through a mix of expenditure increases and doling out tax reliefs even while staying fiscally prudent and, above all, unveiling a big reforms agenda are among the major goals that Finance Minister Nirmala Sitharaman is expected to achieve through her first Union Budget to be presented on July 5. But there are two more difficult challenges that she faces in her debut Budget later this week. Both will test her political acumen and economic sagacity.
A Budget after a general election and the formation of the Union government
A Budget after a general election and the formation of the Union government
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