THE INTERMINABLE LOOP
The Centre’s desperation for funds has never been more palpable. The clamour for a fiscal stimulus to revive the economy is only growing, and the government must also find the resources for substantial unbudgeted, yet unavoidable, expenditure on managing the Covid-19 pandemic. Strategic disinvestment in public sector enterprises, once again in the news, would have come to the rescue, but chances are the government will once again miss its overambitious Budget 2020-21 target of Rs 2.01 lakh crore.
On the evidence
