It’s been around a week since the honourable Finance Minister Smt. Nirmala Sitharaman presented her 2nd full Union Budget of India. The Union Budget comes at a time when the nation is under the grip of a severe economic slowdown with the GDP growth rates at 4.5% for Q2 2019-20. With the growth rate lowest in over 6 years and falling continuously for 7 quarters now on the back of declining demand, expectations were definitely high for some much needed corrective measures to bring the economy back on track.
Continue reading “Union Budget Analysis: A personal take”