Shekhar Gupta is right in his assessment of the budget. It is a socialist budget with tax-cut lollipop for the middle class.
With this budget the BJP has made it clear that they are essentially socialists. As far as economics and finance is concerned, there is no difference between the BJP and the socialist political parties.
One reason might be that Modi thinks he has burnt all his political capital in pursuit of demonetisation, land reforms and agriculture reforms. The bitter experience from these genuinely reformist moves has made the BJP turn to socialism.
Why topple the cart and upset anyone?
Shekhar Gupta is right in his assessment of the budget. It is a socialist budget with tax-cut lollipop for the middle class.
With this budget the BJP has made it clear that they are essentially socialists. As far as economics and finance is concerned, there is no difference between the BJP and the socialist political parties.
One reason might be that Modi thinks he has burnt all his political capital in pursuit of demonetisation, land reforms and agriculture reforms. The bitter experience from these genuinely reformist moves has made the BJP turn to socialism.
Why topple the cart and upset anyone?