Courtesy: Press Information Bureau
The government, knowing well what the markets wanted, ensured that there were no surprises for the 2013-14 budget by forecasting a fiscal deficit of 4.8%. A closer look at the math, however, reveals a different story.
Courtesy: Outlook India
Gateway House's Director Manjeet Kripalani wrote an article for Outlook India about the Union budget of India. She gives her opinion about the budget and raises doubts on the reforms, if any, that have been proffered.