Seminar on Interim Budget (2019-20) and Economic Analysis

It's not India's fiscal deficit that's worrying per se but it's the composition, said some of the panelists at the Business Standard Smart Business discussion on the Interim Budget 2019-2020, in association with The Institute of Chartered Accountants of India, Kolkata.
 

Subhashish Gangopadhyay, Research Director, IDF and Professor of Emerging Market Finance, University of Groningen, Netherlands, said, the fiscal deficit was not the issue but it was the composition. "That is where the problem lies in India."
 

In terms of revenue collection, Gangopadhyay said, the government was following a policy which would make it more and more difficult to get