Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22
In this Union Budget, government has gone against the precedent that gross budgetary support to the Ministry of Railways is fully funded by the Ministry of Finance
The SBI report also praised government's move to increase foreign direct investment limit in insurance companies to 74 per cent in the Budget.
Resisting the temptation to hike taxes, the finance minister banked on disinvestment and asset monetisation to increase government's revenue.
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