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2024

Is Budget about Modi's 'Kursi Bachao' plan or political pragmatism? Sitharaman clarifies the motive behind funds to Naidu & Nitish

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Budget coaltion parties: India's Budget for this fiscal year focused on fiscal prudence with record capex allocation and major tax changes. It allocated funds to Andhra Pradesh and Bihar, key allies of the ruling party. Opposition criticised the Budget as 'discriminatory.' However, Finance Minister Nirmala Sitharaman defended it as honoring commitments and addressing long-standing issues. Unemployment measures were highlighted as non-political. Opposition's claims of lack of funds for certain states were dismissed as misleading by Sitharaman.