In this year’s budget, the Union government announced a big tax relief for middle-class earners. This is to boost private consumption. It has also increased capital expenditure by 33% to Rs 10 lakh crore – the highest on record, as per reports. However, public investment alone would not suffice, says M.K. Venu, a founding editor of The Wire, in this budget discussion with Taniya Roy. Instead, the government needs to focus on sustainable growth and address structural challenges. Watch the full discussion to understand why this is so.