The Power of the Familiar

The central message of the Budget is unspectacular but very important. In 2014, Modi charted a 10-year flight path that would revolutionise life in India. This year, after securing a resounding mandate that was also based on the ability of large numbers of beneficiaries breaking ranks of caste and community and voting for Modi, the Government has reposed its faith in the old approach. The newness of Nirmala Sitharaman’s Budget is purely cosmetic. The old approach has been vindicated and the flight path has remained unchanged.

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