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Treading perilous Path

By Dr Santosh Kumar Mohapatra*  In her Union Budget 2021-22 speech on February 1, Finance Minister Nirmala Sitharaman had said the Centre would privatise two more PSBs after it privatised IDBI Bank in 2019 and merged 14 PSBs over the past…

Fiscal math has gone awry

Dr. Santosh Kumar Mohapatra* According to former Union Finance Minister P Chidambaram, the Budget is all about numbers: every number must be justified. If just three numbers are wrong, the Budget — that is the Annual Statement of Revenue…