gfiles magazine

July 25, 2019

From the Editor : Anil Tyagi


NIRMALA Sitharaman’s first Budget, the first under Narendra Modi 2.0, was both praised and criticised by economists and experts. Some gave it thumbs up, others thumbs down. But what most failed to grasp was this was a typical ‘Dhanda’ Budget, a policy document to clear away the cobwebs that hinder the businesses of traders, small and medium firms, and foreign investors. It was a nuts-and-bolts budget, a nitty-gritty one, to make life a bit easier for these stakeholders. In effect, Narendra Modi hopes to transform India into a land of billion entrepreneurs. Remember his interview to Zee News, where he said that the pakoda-wala outside the TV channel’s office was profitably employed. Budget 2019 hopes to encourage entrepreneurship and self-employment to create hundreds of millions of jobs.

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