WHAT’S THE BIG PO­LIT­I­CAL / ECO­NOMIC MES­SAGE OF THIS BUD­GET?

India Today - - COVER STORY -

AD.K. JOSHI

Eco­nomic mes­sage: The gov­ern­ment will bal­ance growth and re­dis­tri­bu­tion

ASHIMA GOYAL

That the gov­ern­ment is se­ri­ous about mov­ing from an in­for­mal to a for­mal econ­omy with mod­ern laws and reg­u­la­tion

USHA THO­RAT

Ap­peal to the ru­ral pop­u­la­tion and lower in­come strata of so­ci­ety

ADITI NAYAR

The bud­get has struck a pru­dent tone, em­pha­sis­ing pub­lic in­vest­ments and in­tro­duc­ing in­cre­men­tal steps to pro­mote schemes like Dig­i­tal In­dia and Skill In­dia, while ab­stain­ing from pop­ulist give­aways de­spite the note ban

N.R. BHANUMURTHY

The bud­get at­tempts to send the mes­sage that it is pro-poor, pro-farmer as well as pro-states and not nec­es­sar­ily pro-in­dus­try as was de­scribed in the past. In the af­ter­math of de­mon­eti­sa­tion, there were pres­sures on the gov­ern­ment to pro­vide doles. But by re­sist­ing these pres­sures and fo­cus­ing more on in­vest­ments, the gov­ern­ment has done a great job. An­other im­por­tant fo­cus of the bud­get is on im­prov­ing pub­lic ser­vice de­liv­ery, which, in my view, will help a lot in achiev­ing bet­ter out­comes

RA­JIV KU­MAR

That we are en­ter­ing a new nor­mal in the use of cash and in the scope of par­al­lel econ­omy and black econ­omy trans­ac­tions

ASHOK GU­LATI

It wants to fo­cus on devel­op­ment with a hope to cre­ate jobs for the youth

NAUSHAD FORBES

The main mes­sage of the bud­get is con­sis­tency of pol­icy and pur­pose. Much ef­fort is be­ing made to move to a trans­par­ent sys­tem with greater tax com­pli­ance. Greater for­mal­i­sa­tion of the econ­omy through dig­i­tal­i­sa­tion will lead to these ben­e­fits

SAMIRAN CHAKRABORTY

The big mes­sage is that growth of the econ­omy will be sup­ported through higher cap­i­tal ex­pen­di­ture and re­dis­tri­bu­tion. And the fact that the bud­get did not pan­der to elec­toral temp­ta­tions and lean to­wards pop­ulism gives out a pos­i­tive sig­nal

REUTERS

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