View: Budget focus is on expenditure to accelerate growth. Deficit will be exceeded

The Budget has made a sincere attempt to pull up the economy. The emphasis on capital expenditures is well taken. There’s a substantial increase as a proportion of GDP. The shift is more in the composition than the total of expenditures. It’s unlikely that the fiscal deficit will hold. We shouldn’t be surprised if it exceeds.

from News-Economic Times https://ift.tt/3ralgEg