Budget 2020: Markets have discounted breach of fiscal deficit target for FY 20 & FY 21, says Nilesh Shah
The government can also follow the example of the United Kingdom under Margaret Thatcher, which pursued an aggressive asset divestment programme whereby assets like government bungalows, public parks, highways and other real estate were monetised to raise non-tax revenue, Shah told IANS.
Dalal Street is expecting India will follow the US model of using fiscal space to stimulate economic growth, Photo: IANS