//php if(!empty($last_str)){if(!preg_match('~[0-9]+~', $first_str)){echo $title;}else{echo $last_str; }}else{echo $title;}?>409: India Budget 2016: Old Economics, New Politics
Amitendu Palit,Senior Research Fellow and Research Lead (Trade and Economic Policy),ISAS
1 March 2016
India's latest Budget focuses on the rural sector and the economically vulnerable
sections and makes large allocations for agriculture and social sector programmes
without compromising on fiscal discipline. It also shows the intention of the Narendra
Modi Government to acquire a pro-farmer and poor-friendly image by deploying
politically powerful economic tools like rural employment guarantee and direct
transfer of subsidies. These measures, initially employed by the previous Congress
administrations, are now being used by the ruling Bharatiya Janata Party (BJP) for
securing political capital.