Budget 2019: What’s more important this year will be outside the budget
Updated : January 29, 2019 01:20 PM IST
None of these proposed measures—even if implemented in modified forms—post elections, if the ruling party comes to power, will offer any sustainable solution to the farmer income and job creation problems.
In the interim budget to be presented this year, given the fiscal tightness, off-the-balance sheet financing could emerge as a key tool to keep the headline deficit numbers in line, along with deferment of expenses to the next fiscal.
Looking beyond and behind the budget numbers will be more important this year than ever before.
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