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Budget 2022: Under the Omicron shadow

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Finance Minister Nirmala Sitharamanfourth of Budget Might get a little more challenging as the country faces a severe third wave of COVID-19 global pandemic, The economic recovery may be faced with adversity, while the government has little to do with providing stimulus.

The fiscal deficit is already widening and cannot be carried forward – high inflation and current account deficit make it undesirable as well. How will the finance minister face the challenge when she presents the budget next month?

A look at the challenges and options:

How can funds be raised without fiscal negligence?

  • Pursue aggressive privatization: To have a good pipeline, a concerted effort is needed.
  • Asset monetization can support capex without burdening the budget: clear tax policies to allow asset monetization.

Illustration: Zahid


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Hassaan Minhas

Hassaan is a journalist at and he deals with Latest News, India News, and Tech News. Hassaan is a very professional and authentic news journalist.

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