The budget blends fiscal prudence with the requirements and needs to the economy.
Indian economy is a $2.5 trillion economy. India is expected to become the fifth largest economy very soon. Indian society, polity and economy have shown remarkable resilience in adjusting to structural reforms.
With a focus on the rural economy and farmers, the government proposed a string of measures for the agriculture sector. Also announcing a new national health insurance scheme, set to be the largest government-funded programme in the world, which will cover 10 crore poor and marginalised families, translating to 50 crore beneficiaries.
Managing to do all the focusing of resources toward infrastructure development, rural, agriculture, social and healthcare sectors was a very judicious use of the resources. That makes it a good move.Successfully implementing a series of fundamental structural reforms. With the result, India stands out among the fastest growing economies of the world.