As a result, a view is emerging that the government should give a demand push to the economy by delaying fiscal consolidation. According to a report published in Mint on Wednesday, unlike last year, there is near unanimity in the government over the need for fiscal stimulus. Third, postponing consolidation on the fiscal front will affect the government’s credibility and keep the combined fiscal deficit at higher levels. Last year, Jaitley took a prudent decision to adhere to the fiscal target. Should the government adhere to the fiscal target or opt for fiscal stimulus in the forthcoming budget?

Source: Mint January 18, 2017 22:15 UTC