From banks to farmers to the property market, the gains from July Budget haven’t yet panned out as expected.
In her maiden budget six months ago, Finance Minister (FM) Nirmala Sitharaman pledged to boost revenue collection by 13 per cent, narrow the fiscal deficit to 3.3 per cent of gross domestic product and spur the economy to $3 trillion by March. Things haven’t gone according to plan though, largely because of a worsening slowdown in the economy. As the FM prepares to deliver her second Budget, here’s a look at how the expected winners from last year’s fiscal plan
In her maiden budget six months ago, Finance Minister (FM) Nirmala Sitharaman pledged to boost revenue collection by 13 per cent, narrow the fiscal deficit to 3.3 per cent of gross domestic product and spur the economy to $3 trillion by March. Things haven’t gone according to plan though, largely because of a worsening slowdown in the economy. As the FM prepares to deliver her second Budget, here’s a look at how the expected winners from last year’s fiscal plan