Budget 2020 was 'Wrong, Unclear And it Lacks Direction': Deepak Nayyar, Former CEA
- 3 years ago
"This was the wrong budget, its unclear and lacks direction and the country's economic situation could be a lot worse in March 2021": Deepak Nayyar, former Chief Economic Advisor, in an interview to Karan Thapar for The Wire.
In an outspokenly critical interview, Deepak Nayyar, a former Chief Economic Advisor, former Vice-Chancellor of Delhi University and former Professor of Economics at JNU, has said “this is the wrong budget for the present circumstances”. Prof. Nayyar said “The budget was diffused, unclear and lacked direction.” He said that the economic situation facing India a year later in March 2021 “would be much the same”. Asked if there was a possibility that the situation could deteriorate, he said “it’s quite possible that the situation facing the country could be worse”.
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In an outspokenly critical interview, Deepak Nayyar, a former Chief Economic Advisor, former Vice-Chancellor of Delhi University and former Professor of Economics at JNU, has said “this is the wrong budget for the present circumstances”. Prof. Nayyar said “The budget was diffused, unclear and lacked direction.” He said that the economic situation facing India a year later in March 2021 “would be much the same”. Asked if there was a possibility that the situation could deteriorate, he said “it’s quite possible that the situation facing the country could be worse”.
Like our work? Click here to support The Wire: https://thewire.in/support
The founding premise of The Wire is this: if good journalism is to survive and thrive, it can only do so by being both editorially and financially independent. This means relying principally on contributions from readers and concerned citizens who have no interest other than to sustain a space for quality journalism. As a publication, The Wire will be firmly committed to the public interest and democratic values.
We publish in four different languages!
For English, visit www.thewire.in
for Hindi: http://thewirehindi.com/
for Urdu: http://thewireurdu.com
for Marathi: https://marathi.thewire.in
If you are a young writer or a creator, you can submit articles, essays, photos, poetry – anything that’s straight out of your imagination – to LiveWire, The Wire’s portal for the young, by the young. https://livewire.thewire.in/
You can also follow The Wire’s social media platforms and engage with us.
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