Focus back on raising revenue

With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options

How have the Modi government’s budgets fared in the last 10 years? One way to answer that question would be to compare them with those of the previous governments. But another way would be to evaluate the Modi budgets inter se. The latter exercise could be more useful in the current context. Since not much has changed in the Modi government after the last general elections (even the top budget team in the finance ministry has remained the same!), it would be instructive to assess how the budgets of the last 10 years looked at basic fiscal