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Budget 2021

Social Sector Woes

Funds have been committed to the Production Linked Incentive Scheme (PLI) for the next five years, textile parks are to come up in the next three years. Similarly, a scheme to benefit discoms is to come up in the next five years, a scheme to fly the Indian flag on merchantmen would take five years. Such instances abound, lessening the clarity of Budget provisions

Budget 2021

What George Washington had said more than three centuries ago about the Budget still holds true: ‘We must consult our means rather than our wishes.‘ In the ultimate analysis, the Finance minister has been wise in not going overboard and keeping expenditure within reasonable limits