Breaking Views: Budget 2019 Reflects Modi Govt’s Desperation
Video Editor: Vishal Kumar
Video Producer: Hera Khan
The BJP-led central government is prone to giving catchy names to its schemes, calling them ‘Pradhan Mantri Sadak Yojana’ and so on. In keeping with this tradition, the interim Budget presented on Friday, 1 February, should be called the 'Pradhan Mantri Vyagr-Vyakul Vote Prapti Yojna'.
For the salaried class, while there is no change in the income tax slab, but a tax rebate has been announced for those earning up to Rs 5 lakhs per annum.
These are efforts to assuage two stress communities — the urban middle-class Indian and the farmers.
The attempts to introduce schemes for increasing its vote bank and using the Budget to solve issues only reflects the government’s underlying fear.
The palliative treatment doled out by the government makes the distress points evident and contrary to what the Centre may say, this isn’t a model of ‘new governance.’ These are simply desperate measures taken in desperate times.