| 000 -LEADER |
| fixed length control field |
01376nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
210730b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Rao, M. Govinda |
| 245 ## - TITLE STATEMENT |
| Title |
A budget for pandemic times: Implementation questions |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Economic & Political Weekly |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
56(9), Feb 27, 2021: p.16-19 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
The budget for 2021–22 is important for three reasons. First, it provides a reality check on the government’s attempt to keep up public spending in the wake of severe contraction in revenues and expansion in expenditures needed to save lives and livelihoods. Second, it shows the large increases in deficits and debt in the already prevailing stressed fiscal environment. Third, as the economy was already slowing down even before the pandemic due to structural factors, it attempts to provide reform signals to reclaim the earlier growth trajectory. While it has tried to prioritise growth, there is considerable risk from burgeoning deficits and the possible impact in price stability from large liquidity infusion to facilitate government borrowing at low cost that is likely to occur. The reform proposals are important, but the test lies in how effectively they are implemented. – Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Pandemic, Economic reforms |
| 9 (RLIN) |
28134 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Economic & Political Weekly |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
BUDGET - INDIA |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |