Past failures on spending targets dampen India’s Budget hopes

SECTIONS

Past failures on spending targets dampen India’s Budget hopes

By Vrishti Beniwal, BloombergLast Updated: Jan 29, 2021, 09:22 AM IST

Share

Font Size

Save

Comment

Synopsis

The government has missed its total spending targets in the past two years, or even scaled them down, and has failed to meet goals for some of its flagship development programs, a review of budget documents show.

While increasing public expenditure is key to revive the economy from the pandemic-induced slump, falling tax revenues mean Sitharaman will have thin resources.

Related

Read More News on

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.