ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-Precarious Balancing Act

NEW DELHI Precarious Balancing Act BM The one plus point of the first budget of the National Front government is the proposed additional resource mobilisation of nearly Rs 2,000 crore through the tax instrument. This, together with the cautious approach to the allocation of resources to satisfy sectional demands, may hopefully be expected to contain deficit financing and help to moderate inflationary pressures. What has been done is, however, still very inadequate and halfhearted.

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