NIFTY 50

Budget 2020 may hurt rather than stimulate growth

Updated : February 04, 2019 06:32 AM IST

If India had a fiscal council, it would have probably stated the fiscal deficit for this year at 4 percent of the GDP.
The FY20 budget is being seen as an expansionary budget, as a growth stimulant, given the boost to consumption.
Nomura’s economist Sonal Varma is already forecasting GDP to fall to between 6.5-7 percent in FY20.
Budget 2020 may hurt rather than stimulate growth
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV