Moneycontrol
Get App
Last Updated : Apr 07, 2020 05:27 PM IST | Source: Moneycontrol.com

Big Story | Should FM Sitharaman present Budget 2020 2.0 amid COVID-19 crisis?

In this edition of Big Story, Moneycontrol's Sakshi Batra explains why the COVID-19 pandemic might lead FM Sitharaman to take a second look at Budget 2020.


On February 1, 2020, when Finance Minister Nirmala Sitharaman presented the Union Budget, she was broadly confronted with challenges of households not spending, companies sitting on mounts of unsold inventory, distressed farmers, a gloomy economy and the extending queue of job hopefuls.

Things have worsened in less than two months with COVID-19 threatening to leave a devastating trail of destruction across the economic landscape, blowing into smithereens the very framework of orthodox fiscal policy planning.

Considering the new challenges facing the economy, the question that comes to mind is, whether it is time for FM Sitharaman to press the reset button and present another version of the budget?

Close

Moneycontrol's Sakshi Batra shares more details on the government's economic math in this episode of Big Story.

Watch to know more.

Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.

First Published on Apr 7, 2020 05:27 pm
Sections
Follow us on