Macro woes on Arun Jaitley’s mind, ahead of Budget 2017


As finance minister Arun Jaitley prepares to present his fourth budget, he is confronted with a bleak macroeconomic backdrop. Jaitley may unveil measures to soften the blow of demonetisation and revive investments to return the economy to a higher growth trajectory. Accordingly, the broad expectations from the budget are that the finance minister will present a broad-ranging stimulus package.