Special Report on Budget 2022
HIGHLIGHTS • Surprises galore in the fiscal mathematics of Budget 2022• Marginal fiscal slippage• A few imponderables• Focus on fiscal consolidation• No respite from debt overhang• Higher interest burden choking expenditure• Transparency in Budget accounting• Growth assumptions puzzling• Tax revenue growth underestimated• Tax revenue next year may be a pleasant surprise• Realism in disinvestment receipts• […]