Dialogue

Dialogue | Prof. Arun Kumar, “This Budget Is Not About What It Said. It’s About What It Didn’t Say”

Finance Minister Nirmala Sitharaman has affirmed the persistence of current tax rates, covering direct, indirect taxes, and export duties. Additionally, she revealed an 11% increase in the capital expenditure outlay for the upcoming year, reaching ₹11.1 lakh crore. Sitharaman, in her announcement of the federal budget for the fiscal year, revised the fiscal deficit to 5.8% of the gross domestic product.

HW News’ Managing Editor Mr. Sujit Nair engages in a conversation with veteran economist and Professor Arun Kumar and discusses about the recently presented interim budget and what does it have for the people of India.

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