Budget 2018-19, the last full budget of Team NAMO has proved to the world that this is just a Performance Development Review of the Government of India (GOI). During this exercise, the GOI like all of us pens down their achievements and further goes on to reveal, in explicit terms, the way forward for the country in the coming year. After hearing the budget speech and reading the documents, one can say that this government does not need a particular day to announce big bang reforms for the economy.
In all budgets presented including the recent one, the tone has been the same and the emphasis has always been to revive growth in the rural economy, welfare measures for the lower and middle class, improve the quality of education, create job opportunities, infrastructure development, which they believe is the growth driver of the economy, and of course to maintain fiscal prudence.