File photo of Expenditure Secretary TV Somanathan. (Photo: BloombergQuint)
Expenditure Secretary TV Somanathan said the central government will keep up its spending and increase it, if needed, even as tax collections collapsed because of the pandemic-driven economic contraction.“The central government expenditure will be sustained, and we will certainly hit our budget targets regardless of the crunch in revenue,” Somanathan told Bloomberg Quint in an interview on Tuesday. The government has constraints and ...