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An Expert Explains: Road to India’s economic recovery from Covid-19 pandemic Ahead of the Budget, one of India’s top capital markets experts writes an open letter to Finance Minister Nirmala Sitharaman, listing a dozen ways to raise funds to finance India’s recovery from the pandemic. Updated: December 23, 2020 12:24:55 pm Union Finance Minister Nirmala Sitharaman chairs a pre-budget meeting in New Delhi pm December 17, 2020. (PTI Photo) Respected Finance Minister, Despite demands for more government spending, total expenditure was curtailed by 0.6%, as total receipts dropped by 33% in 1H FY21. You optimised spending, borrowing and fiscal prudence. Covid-19 impacted segments like hospitality and MSMEs, which need fiscal support. There is demand for reduction in consumption taxes for a period of time to support demand creation. I am sure you are inundated with demands for money. I am taking the liberty to suggest ways to raise reso ....