India’s Fiscal Dilemma

Editorial of the Day: India’s Fiscal Dilemma (Indian Express)

The Union Budget 2023-24 provides a good opportunity to take stock of the fiscal situation as this is the first ‘normal’ budget after 2018-19. The 2019-20 year witnessed the NBFC crisis; 2020-21 saw the pandemic and 2021-22 the recovery, while...