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Why Budget 2018 won't be populist

Why Budget 2018 won't be populist
The extra borrowing implies Jaitley will have extra spending space in the Union Budget for FY19, the last full one before the 2019 general election The government’s decision to borrow an additional Rs 50,000 crore in 2017-18 is likely to mean a fiscal breach, with Finance Minister Arun Jaitley unlikely to set a fiscal deficit target of no more than three per cent of gross domestic product (GDP) for FY19.   The extra borrowing implies Jaitley will have extra spending space in the ...
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