Budgets in India go much beyond providing a simple statement of accounts for the government. They have, over the years, acquired the status of the government’s principal policy document, often straying into areas that are outside the technical ambit of the exchequer.
March 01, 2012 / 15:00 IST
By Abheek Barua, Chief Economist, HDFC Bank
Budgets in India go much beyond providing a simple statement of accounts for the government. They have, over the years, acquired the status of the government