//php if(!empty($last_str)){if(!preg_match('~[0-9]+~', $first_str)){echo $title;}else{echo $last_str; }}else{echo $title;}?>276: India’s New Budget: Changing Course without Controversy
Amitendu Palit, Senior Research Fellow, ISAS
2 March 2015
Very few Indian budgets in recent years have been presented in a more favourable
backdrop than the budget presented by Finance Minister Arun Jaitley on 28 February
2015. The Economic Survey, presented a day before the budget, portrayed the Indian
economy as having hit a ‘sweet spot’ and forecasted an economic growth of more
than 8% in the next financial year. It also emphasised that the country was set for ‘big
bang’ reforms.