Interim Budget 2019: In Modi's pro-farmer, pro-middle class Budget, here's what was missing

Conscious of unfulfilled promises and a patchy performance meant Goyal curbed use of 'development,' 'manufacturing,' 'growth' and 'infrastructure' unlike previous years.

 

Interim Budget 2018: Indian Prime Minister Narendra Modi’s administration delivered an election-year budget with a focus on rural parts of the country and the middle class.

Finance Minister Piyush Goyal unveiled measures on Friday that will allocate around $10 billion a year for an income plan for about 120 million farmers and give 185 billion rupees of relief to taxpayers in the year to March 2020.

Modi stormed to power in 2014 on promises of higher growth, faster job creation and better days for the country’s billion-plus population. But a lackluster performance on some of them coupled with relentless attack from the opposition, meant a last ditch attempt to set things right.

What Was Missing?

Conscious of unfulfilled promises and a patchy performance meant Goyal curbed use of ‘development,’ ‘manufacturing,’ ‘growth’ and ‘infrastructure’ unlike previous years.

Read the full story here → Highlights of Budget 2019