View: Is this budgetary shrug really a nudge enough for private investment to pick up?

The nominal GDP in 2019-20 is assumed to grow by 10%. This is realistic. The gross tax revenue is assumed to grow by 12%. Thus, the buoyancy is greater than one that did not materialise in the current year. The reliance on disinvestment is high, even after allowing for LIC disinvestment.

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