Opinion: Jaitley Has Done A Fine Balancing Act - By Harshad Patil

Finance Minister Arun Jaitley has committed to adhere to the fiscal roadmap and contain the fiscal deficit to 3.5 per cent in FY 2016-17 despite considerable pressures on the government finances due to the implementation of the Seventh Pay Commission recommendations. He has done a fine balancing act by delivering a fiscally prudent and growth-oriented budget. The budget attempts to kick-start the investment cycle through robust publi...