INDIA
BUDGETARY RURAL PUSH NOT ENOUGH TO DEAL WITH FARM DISTRESS
MODI MAY OPT FOR SNAP LOK SABHA POLL BEFORE THE HYPE IS OFF
2018-02-01 10:22
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Prime Minister Narendra Modi has played a gamble with his Government’s last full budget for 2018-19 by staking the BJP’s political future with the response from the country’s distressed farming community to his budget proposals for reviving the rural sector. The Finance Minister Arun Jaitley has given no sops to the middle classes by offering any concessions in the income tax rates. The industrial sector has been assured of a big push through massive investment in the infra sector but the focus is solely on the rural areas including the announcement of the ambitious government funded medicare for the poor.