India’s fiscal management over the past year might be summed up as a tale of two finance ministers one that could not stop a drop in its standing to sixth in this year's FinanceAsia finance minister ratings.
Arun Jaitley, the 66-year-old incumbent for the bulk of the financial year was taken ill as 2018 came to a close, leaving the laying out of this year’s interim budget at the beginning of February to his stand-in at the Ministry of Finance, Piyush Goyal.
With national elections due in May, it is hardly surprising that Goyal’s financial statements had a distinctly political tinge to...
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