Fiscal Policy 2014: Can it Revive the Economy?

On July 13 the government unveiled a Rs 618 billion annual budget for the fiscal year 2014-15 with significant investment promised in energy, infrastructure, agriculture and irrigation sectors. Finance Minister Dr Ram Sharan Mahat, who has time and again committed to kick-start second generation of economic reforms, termed the budget as reform-and investment-oriented. Though the budget hasContinue reading “Fiscal Policy 2014: Can it Revive the Economy?”