Budget proposals need prudence

Budget proposals need prudence

So, it is going to be a clash of promises in the ensuing election campaign this year as Modi’s Budget relief to farmers and middle-income group take on Congress President Rahul Gandhi’s recent announcement on minimum income guarantee to the poor. Coming in the last Budget, the exemptions and direct cash transfer (limited though), may or may not help Modi much. Yet the BJP expects to work some benefit out of these. However, the spotlight could also be back on the Universal Basic Income, which became part of India’s discourse when the Economic Survey of 2016-17 proposed it.

Amid all […]

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