In the run-up to Budget 2021, Finance Minister Nirmala Sitharaman’s speech was being touted as the most important in a generation. As the f...
In the run-up to Budget 2021, Finance Minister Nirmala Sitharaman’s speech was being touted as the most important in a generation. As the first Budget in the aftermath of the Covid-19 pandemic, Sitharaman would be charting out a road-map for India’s post-crisis future – not counting several economic packages over 2020 that Prime Minister Narendra Modi referred to as mini-budgets.
Having delivered her speech and tabled the budget documents, Sitharaman is getting praise for something that ought to be expected from a public servant: honesty.
The most transparent budget speech on macro fiscal numbers in a long, long time. 👏🏻👏🏻👏🏻
— rathin roy (@EmergingRoy) February 1, 2021
Looks like government is coming clean on fiscal deficit numbers. Bringing loans to FCI as part of the budget numbers. A positive.
— John Samuel Raja (@johnraja) February 1, 2021
Sitharaman herself touted this view of the Budget, saying, “We have made brave decisions to keep government accounts open and transparent.”
We have made brave decisions to keep government accounts open and transparent
— PIB India (@PIB_India) February 1, 2021
- Finance Minister @nsitharaman
Provision for extra budgetary resources in #Budget2021 is zero, for unidentified contingency, it is ₹ 30,000 crore - @FinMinIndia https://t.co/eV2fh1qJUJ
Why is being honest a brave decision for the finance minister?
The remarks have come in response to the official deficit numbers declared by...
