000 01273nam a22001457a 4500
999 _c527979
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008 241101b ||||| |||| 00| 0 eng d
100 _aGoyal, Ashima
_959218
245 _aBudget 2024–25: On the escape route
260 _aEconomic & Political Weekly
300 _a59(39), Sep 28, 2024: p.18-23
520 _aContinuity was necessary for the budget since the current policy has delivered macroeconomic stability with growth, but as the first budget of a new government, it was also expected to reveal policy directions required to fulfil its development agenda. The budget ably does both. There is continuity through the retention of elements that have done well in the past as well as the identification of and work on the key constraints that can hold back Indian growth. It resists pressures to shift to short-term populism and retains a long-term view. Tax changes are also towards simplicity, closing loopholes and progressive, but retrospective effects should be moderated. Due to a shorter time available this year and some shortfalls last year, implementation should be fast-tracked.- Reproduced https://www.epw.in/journal/2024/39/budget-2024-25/budget-2024-25.html
773 _aEconomic & Political Weekly
906 _aPUBLIC FINANCE
942 _cAR