Former RBI Governor Raghuram Rajan discusses the key focus areas that the government must have for Budget 2022. He says, “Budget needs to have ‘new vision’; Stop talking about manufacturing & talk about services.” He also talks about the kind of deficit that the government must maintain. It has to be particular spending that is credible, for markets to have some notion about the predictions. Talking about the K-shape of the economy, he lays emphasis on the support extended to the markets. The Finance Minister will be presenting the budget today at 11 AM. Stay tuned to catch live budget updates on ET NOW.
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