Business Standard

Budget 2021: What will be the growth, spending story in post-pandemic world

Here is an interesting graphic explaining the growth and spending story

fiscal defict, budget, revenue, tax, collection, trade, expenditure
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Abhishek Waghmare
The slowertrend of declining investment worsened in the current fiscal year. Investment revival will remain a key challenge in the medium term and will determine the quality and durability of economic recovery. As the current disruption creates space to spend more, the government can lead the revival.



The Budget size has declined as a proportion of the GDP overthe years, but the trend could see a reversal in the current year. However, this could be an aberration, as the government will need to cut

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