In an interview to CNBC-TV18's Latha Venkatesh, C Rangarajan, Former Chairman of PM's Eco Advisory Council, Ila Patnaik of NIPFP, Ashima Goyal, Professor at IGIDR and Himanshu, Prof of Economics at JNU spoke about India's 70 year growth story and the road ahead.
Himanshu, professor of economics, JNU and Siddhartha Sanyal of Barclays Capital agree that the government must release grain to loewr prices and the bridge fiscal deficit on growth not hikes in diesel prices.
One of the key issue this Budget would focus on would be cutting down expenditure. While the debate in the US is evenly balanced between raising revenues and cutting expenditure, the discussion is unfairly tilted towards cutting expenses.