Containing deficit at 4% a challenge
The Hindu
Balagopal will present his maiden Budget in the Assembly on June 4
Additional revenue mobilisation to contain the deficit at 4% during the pandemic will be biggest challenge for Finance Minister K.N. Balagopal while presenting his maiden Budget (revised Budget) for 2021-22 in the Assembly on June 4. As the Finance Minister has to carry forward the Left Democratic Front (LDF)’s goal for a knowledge-based society with strides in modern employment opportunities and industrial growth and consolidate the achievements made in the social sector, the challenge is to tap new revenue sources.
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