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Union Budget 2014: Marginal Realignment of Tactics to Strategy

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  • Ashima Goyal

Abstract

The article examines the restructuring of expenditure in the first budget of the new government, and its feasibility. It compares the increase in budget allocations for key macroeconomic aggregates and sectoral plan outlays for the BJP and UPAII interim budget, and the change from the interim budget. Although overall tactics are aligned to the strategy articulated, the alignment is only marginal as yet, because the various strands are not well integrated to tell a coherent story of how they work together, and changes are not quantitatively significant.

Suggested Citation

  • Ashima Goyal, 2014. "Union Budget 2014: Marginal Realignment of Tactics to Strategy," Working Papers id:5976, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:5976
    Note: Institutional Papers
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    References listed on IDEAS

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    1. Goyal, Ashima (ed.), 2014. "Handbook of the Indian Economy in the 21st Century: Understanding the Inherent Dynamism," OUP Catalogue, Oxford University Press, number 9780198097532.
    2. Goyal, Ashima, "undated". "Assessing the fiscal capacity of Indian governments," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2009-005, Indira Gandhi Institute of Development Research, Mumbai, India.
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