Reform-oriented budget says Modi

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Prime Minister Narendra Modi indicated that the upcoming Budget will not be a populist one and said it’s a myth that the common man expects “freebies and sops” from the government.

Modi also pledged that his government will stay on the course of the reforms agenda that has pulled out India from being among the ‘fragile five’ economies of the world to being a ‘bright spot’.

Reform-oriented budget says Modi

PM Modi stoutly defended his economic policies, saying demonetisation was “a very big success story” and that he was open to changes in the new Goods and Services Tax (GST) to plug loopholes and make it a more efficient ‘one-nation-one-tax’ system.

Modi rejected criticism of providing a jobless growth, saying “lies” were being spread about employment generation and his government’s policies were oriented towards creating jobs.

Acknowledging farm distress, he said it was the responsibility of the centre and the state governments to identify and address farmers’ issues.

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