Jyotivardhan Jaipuria

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Govt needs to keep a tight leash on expenditure

Govt needs to keep a tight leash on expenditure

Rediff.com18 Feb 2019

The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.