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Podcast: In Focus by The Hindu
Episode: Budget 2022: Will the government decide to spend more? | In Focus
Description: This year’s Budget, to be presented on February 1, comes at a rather difficult time for the Indian economy. The much-awaited recovery, following the COVID-inducted downturn, is yet to happen, and it is difficult to find a metric that is good news.
Despite official attempts to put on a brave face, the writing is on the wall. Private investment has been tanking for a long time, consumption is down, unemployment is high, and there hasn’t been enough by way of public spending. At the same time, inequality has risen sharply, especially in the years of the pand...