Business Today Archive February 26, 2017 Issue

Edition: February 26, 2017

Cover Story

On a Pragmatic Note

On a Pragmatic Note

The first Budget since demonetisation has been a careful exercise by Finance Minister Arun Jaitley. It caters to the core constituency - farmers and lower income people - while not introducing anything that hurt industry.
Editors note
In my letter (A Lack of Data) in the Business Today pre-Budget special, I had pointed out: "Almost all economists agree what the finance minister ought to do. He should go in for hefty tax cuts to make firms and consumers start spending again, deepen the social security net so that the poor are benefitted, and boost government spending on infrastructure to get the economy going."

It imparts a great lesson in governance, and brims with the author's years of expertise in the domain.


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