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Here's CNBC-TV18's Latha Venkatesh's take on macro numbers ahead of Budget 2019

Updated : February 01, 2019 09:21 AM IST

What are the big macro numbers one has to keep in mind ahead of the interim Budget 2019? Latha Venkatesh of CNBC-TV18 explains.

  • Fiscal deficit number remains a crucial number — government's target is 3.3 percent. If the numbers is less than 3.3 percent, the market will give it a thumbs up.

  • Bond markets are worried about how much the government will borrow because it is the remaining terrain that is left for private sector. If the government occupies too much of a terrain then the cost of money rises. So Rs 6.25 to 6.5 lakh crore gross market borrowing programme of the government will go well with the market.

  • The rate of growth of taxes and the rate of growth of expenditure will be the big numbers to watch out for.
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