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Bloomberg Television

Will Modi’s new budget deliver results for #india? #politics #shorts 😍

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fast-tracking growth of rural economy and generation of employment opportunities on a large scale will be the policy goal when a fiscally conservative government returns with a fractured mandate this is the budget you get where extra revenue from a bumper Central Bank payout is used to narrow the budget Gap or fiscal deficit then some of it is allocated to employment linked incentive schemes and internship programs to boo the youth with the shiny promise of opportunity and big commitments are made to key political allies in this case the jdu and the TDP to ensure political stability for the government the Modi government’s first budget in this third term seeks to address these political electoral realities but that may not be enough to jumpstart demand and revive Animal Spirits across the economy

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