/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Budget 2025-26 backs off from supporting the economy when it is badly needed, choosing instead to play to the gallery. What next for consumption?
“Just as living beings live expecting rains, citizens live expecting good governance.”
In the context of Budget 2025-26, this quote from the Thirukkural that finance minister Nirmala Sitharaman used in her budget speech, could have been more realistically stated thus: "Just as living beings live expecting rains, the economy lives expecting stimulus.”
Expectations were certainly running high. Even the stock market uncharacteristically put aside worries that have plagued it for months and rallied this week in the hope that something good would be on offer.
Yet, as budgetary exercises go, Sitharaman’s latest disappointed almost everyone.
Comatose private consumption got a …
