%A Rupa Rege Nitsure %T Right on focus, loose on fiscal math %! Right on focus, loose on fiscal math %X 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. %U https://www.thebillionpress.org/columns/economy/right-focus-loose-fiscal-math-1127