The Narendra Modi-led government is on course correction ahead of the Lok Sabha polls following the ruling BJP's loss in key state elections last year.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
There are well established conventions surrounding an Interim Budget. A government that has enjoyed the confidence of Parliament for five years is allowed to present a Budget that keeps the show going for a short period till the new government is sworn in. This is not expected to be Santa Claus riding in on a sleigh. This fiscal situation is already precarious. Sending out a message of Apres moi le deluge will not be well received by voters. On national security and macroeconomic management, citizens expect the government to be prudent, responsible, not guided by partisan considerations.
There are well established conventions surrounding an Interim Budget. A government that has enjoyed the confidence of Parliament for five years is allowed to present a Budget that keeps the show going for a short period till the new government is sworn in. This is not expected to be Santa Claus riding in on a sleigh. This fiscal situation is already precarious. Sending out a message of Apres moi le deluge will not be well received by voters. On national security and macroeconomic management, citizens expect the government to be prudent, responsible, not guided by partisan considerations.