2018  budget’s arithmetic at fault?

The former Prime Minister Manmohan Singh, (who was also the former finance minister and a prominent economist ) had this to say about the 2018 budget presented by Arun Jaitley: “I do not think I can blame the Budget for being motivated by scoring points in elections, but the fiscal arithmetic is at fault. This budget is high on projecting a bright picture, but how will that be sustained by the underlying the fiscal arithmetic.”

Empty promises to farmers condemned

Budget 2018 was the National Democratic Alliance government’s last full-year budget before the general elections in 2019. In this budget, the farmers are promised a doubling of their income by 2022. How the government aspires to meet the Minimum Support Price plus 50 was questioned by Singh. He also called it a hollow assurance.