Of course, if there are positive windfalls or negative shocks, some adjustments may be required. But as GoI has shown, even in tough times, leaving certain things untouched is the right way.

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

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View: Making sense of all that Nirmala Sitharaman left untouched in her 'pro-growth' Budget

Given the broader economic context and scenario, GoI had to make two kinds of decisions: what to do and what not to do. The former made the headlines, but equally, the latter reflects GoI’s intent and its likely policy trajectory over the remainder of its term. That is why it is important.

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