@article {article1127, title = {Right on focus, loose on fiscal math }, author = {Rupa Rege Nitsure}, journal = {Foundation of The Billion Press}, date = 2017-02-02, year = 2017, url = https://www.thebillionpress.org/columns/economy/right-focus-loose-fiscal-math-1127, Abstract = {In line with our expectations, the Union Budget-2017-18 has focused on active economic stabilisation, given the backdrop of economic slowdown intensified by demonetisation. A large increase of 25.4% in Capital Expenditure reflects the government’s intent to reinvigorate the growth cycle.} }