Arun Jaitley’s budget saw to it that end of Nehru era planning and the distinction between plan and non-plan expenditure will go from here on. The transform India Mantra continue to prosper and we come across 9 point agenda to complete the goal. Bharat is back with a bang with this budget as the Finance Minister retains fiscal deficit target and hikes infrastructure spending. FM puts his best foot forward to make things move in proper direction. There are small reliefs to middle class but with heavy taxation. A cess of 4 per cent will make all cars costlier, especially SUVs. Money bags hurt in pro-rural budget in which the environment has been given utmost importance. India sports received marginal increase in the budget and we hope games other than cricket will get maximum priority. In all the cost of living has gone up from the budget angle and the common man will face the crux of price rise. Budget in this financial year looked at the broader angle and number of consumer and electronic items have become cheaper. Solar lamps price has come down and with that we can reduce the power bill also for household use. In all the budget appears that the policies of the Government is trying to steal Paul to pay Peter. Bharat is back in this budget.
(The views expressed by the author in the article are his/her own.)