A budget to transform - The Hindu

A budget to transform - The Hindu

My VIEW:

A very pragmatic
approach. Coming from one who ought to know the ‘pulse’ of Modi government,
hopefully, these ideas will get reflected in Budget 2015-16.
With the replacement of
the Planning Commission with NITI Aayog, the
annual budget speech will have to double up as a vision document stating the
Centre’s view about the overall economic development of the nation, besides its
assigned role of explaining the rationale for the taxation policy for the year
and the allocations for various purposes.


If the new government
fails to bring back the focus to agriculture and rural development, employment
generation, social security including taking adequate care of its own employees
who have been deprived of an existing pension scheme, mapping of national
resources for productive use and drawing from buffers created in the past few
years in various private and public pockets under various pressures this year,
present indications are that things can get out of control at  a later stage.
M G Warrier

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