Finance Minister's Difficult Test On Saturday:Budget 2020
FM’s Difficult Test On Saturday: Budget 2020 Seeing The Fiscal Arithmetic, The Task For FM to Balance Between Fiscal Deficit And Expenditure to Stimulate Economy is Not Going to Be Easy. Shashank Vikram Pratap Singh Ph.D. Scholar Department of Commerce Delhi School of Economics University of Delhi ssvikrampratap@gmail.com On Saturday 1st February 2020 honorable Finance Minister (FM), Nirmala Sitharaman is going to present the toughest budget in a decade. Many difficult tasks like- whether to combat with targeted fiscal deficit of 3.3% or to stimulate consumption & investment; or to boost confidence of investors; or to revive manufacturing; or to infuse liquidity in the economy; or to enhance expenditure on social securities; or to do whatever that can bring back India's lost glory of the fastest-growing major economy in the world, keeping in mind the reaction of rating agencies over fiscal arithmetic. Looking into the status of India's macroeconom...