ORF analysts examine the impact of interim budget 2019 on the critical facets of the Indian economy.
How does the interim budget impact some of the most critical facets of the Indian economy?
The NDA’s interim Budget ticks all the boxes, but issues remain
The puzzle of India’s political economy is to reconcile the expectations of “Great Society” welfare with stagnating middle-income productivity. ...
It is a budget whose politics overrides its economics, whose economics plays with politics, and whose pitch is sharply focused on Elections 2019.
Key proposals unveiled in this budget are primarily aimed at rural communities and the urban middle classes. ...
The government’s promises on jobs and farmers’ incomes have fallen flat, so it may look to fill the gap with ‘sound and fury’.
The revenue from the Central Goods and Services Tax remains significantly below the target of Rs 6 trillion.
While the jury is yet to be out globally on the UBI, it has many takers in India. ...
