New Delhi, May 23 -- Every assumption made in the 2020-21 Union Budget, presented in February, would have to be reviewed in view of the coronavirus pandemic, said Finance Minister Nirmala Sitharaman, here on Saturday.
"Every assumption made in the budget 2020 (2020-21) are at stage where unless I review them they are not going to hold good," the Finance Minister said.
In an interaction with Nalin Kohli, Bharatiya Janata Party national spokesperson, she said despite the unforeseen situation and fall in revenue, the central government had devolved in April and May every budgetary proportion allocated to the states.
She said revenues had come down not just for the states but also for the Centre. "Notwithstanding these realities, I have devo...