Boxed into a corner, finance minister Arun Jaitley has hitched the economy’s wagon to the rural sector to gain escape velocity. He is also banking on investment in infrastructure to provide the necessary horsepower. The problem is in the after-effects, but then somebody else will have to wipe that off the floor.
Arun Jaitley’s budget may have messy after-effects—but that’s not his headache
Rajrishi Singhal, Senior Fellow, Geoeconomics Studies, wrote an article for Quartz India on India's Union Budget for the year 2016.