ALSO READBudget 2018 might have Rs 740-bn allocation towards fertiliser subsidy Palaniswami hails 'fairly balanced, farm and rural oriented Budget 2018 Budget 2018: Why take a train when you can fly on an airplane Budget 2018: Rural housing scheme to boost jobs, says musician Abhay Sopori Budget 2018: Rural focus a standout feature, says Dabur's Amit Burman
What is the best thing about the Budget?
There have been no additional taxes imposed except for Long Term Capital Gains Tax. This was expected and with the booming stock exchange LTCG will be absorbed quite painlessly.
And the worst?
There has been no substantial reduction announced in taxes on petrol and diesel. High fuel prices are a burden on the common man as it affects not only his cost of commuting but also commodity costs due to increas in transportation cost. We have a very high fuel cost as compared to our per capita income.
Will the Budget fetch political gains for the Narendra Modi government?
The budget will benefit the NDA as the rural economy should pick up. It’s a populist budget and if the monsoon is above normal in 2018, the Narendra Modi Government should sail through in the next election.
Papa CJ, Comic