If wealth creation is the goal, how does the Indian Budget balance market-friendly policies with revenue pressures?
Every Union Budget carries a built-in contradiction. It must push growth, reassure investors, and still convince bond markets that public finances are under control. Spend too little and growth suffers. Spend too much, and credibility erodes. For markets, the Budget is not about generosity; it is about balance and believability. In India, this tension is…