Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

Farmar

First budget of this decade has just been unveiled and is evoking mixed reactions from most quarters. It is devoid of populist measures and promises to have foundational and long ranging impact on the fundamentals of economy. While that is to be seen to be believed, analysts are claiming that rural populace which has traditionally been the recipient of largest share of subsidies and doles from government has little to cheer. Key reasons of them not cheering are (a) absence of any “special” rural scheme (b) reduction in NREGS outlay and (c) no additional subsidies or subsistence alms for them. But then this is where the analysts perhaps miss the point.

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Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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