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Boost Aggregate Demand, Mobilise Higher Non-Tax Revenue, Says Rating Agency

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Budget 2021: IIP data of November 2020 shows that economic recovery is fragile
Budget 2021: The upcoming budget 2021 should focus on boosting aggregate demand, reprioritisation of expenditure, and mobilising higher non-tax revenue, according to credit rating agency India Ratings and Research Private Limited (Ind-Ra). The major focus of the government to revive the economy amid COVID-19, has been on the supply side, but the focus should now shift to the demand side as well. The absence of adequate demand may aff...
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