InvestorQ : Are we expecting to see many episodes of mini budgets in FY21!
Archita Jajjoo made post

Are we expecting to see many episodes of mini budgets in FY21!

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1 year ago
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A caged canary aspiring to fly high

The Finance Minister read out the longest ever budget speech. By the end of it, she was too exhausted to even complete the speech. That pretty much explains the state of affairs.

Like a caged canary aspiring to fly in the blue sky, the finance minister very enthusiastically read out the vision for new modern India. However, after two hours, it was evidently clear that she does not have enough strength to break the shackles and release herself. In the end, she was tired with her wings completely ruffled.

The positive part is that the aspirations are really high and the vision of new modern India very clear. The negative part is that the resources are a serious constraint and willingness to make a radical move is not evident. Incrementalism is certainly not going to help the canary in gaining freedom to fly high. She may need to muster all her strength and make an impactful strike.
We shall perhaps see many episodes of August 2019 mini budgets in FY21 also
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