EDITOR'S COLUMN
Friends, We are into the last month of financial year 2016-17, supposedly the Budget month. But an executive decision to shift the budget date from 28th Feb. to 1st Feb. has effectively stopped the significance of March. The executive order also scrapped the practice of separate Railway Budget by including the same in the main Union Budget 2017-18. From now on there will be only one single budget for the country. Union Budget of Finance Minister Arun Jeitley did attempt valiantly to undo negative fallout of demonetization by giving sops of all kinds to all people. Of course in an exercise of this nature, it is impossible to address concerns of every section of the society. Those who complained kept complaining. But then those who can afford should pay more, without much of a demur, that’s the principle of public finance. But then it is in the nature of homosepiens to ask for more. In the Month-in-Perspective, we have analyzed the latest Union Budget in better details. Electio...