000			01376nam a22001577a 4500
999			_c517840 _d517840
008			210730b ||||| |||| 00| 0 eng d
100			_aRao, M. Govinda _928133
245			_aA budget for pandemic times: Implementation questions
260			_aEconomic & Political Weekly
300			_a56(9), Feb 27, 2021: p.16-19
520			_aThe 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			_aPandemic, Economic reforms _928134
773			_aEconomic & Political Weekly
906			_aBUDGET - INDIA
942			_cAR