Why budget's fiscal prudence claim could intensify GDP row

This year’s budget seems to have placed a disproportionate reliance on growth in capital receipts. Total revenue receipts grew by 20.5% between 2017-18 and 2018-19 RE. They are expected to grow by only 14.3% between 2018-19 RE and 2019-20 BE. The growth in capital receipts in these two periods is expected to increase from 2.9% to 10.9%.

from Hindustan Times - india http://bit.ly/2WyRt9K
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About Md Asif Raza

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