India must raise public spending, but it may be too much to expect from Budget 2020

India must raise public spending, but it may be too much to expect from Budget 2020

The problem, evident for several years now, has been created by a collapse in consumer demand, the bedrock of the country’s economy. This is the dire backdrop against which finance minister Nirmala Sitharaman presents her second union budget on Feb. 1. The unequal pattern of growth left behind daily wage earners and farmers who constitute the bulk of India’s population.