Sitharaman dodged critical questions on how the schemes will be funded, and experts say that India's fiscal deficit could rise to 6% of GDP
Finance Minister Nirmala Sitharaman; Image: Prakash Singh/AFP via Getty Images
India’s Finance Minister Nirmala Sitharaman on Wednesday announced a series of measures assisting micro- and small businesses who are starved for cash, steps to boost liquidity for non-banking financial companies (NBFCs) and providing tax measures for individuals and corporates.