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Letters to BS: Budget 2018 presents the biggest challenge to Modi govt

With just a year more to go for the next Lok Sabha elections, the government may find itself in a Catch-22 situation

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Business Standard
With reference to “Budget 2018 will be Modi govt’s biggest challenge in 4 years” (January 16), since the clock started ticking for the presentation of the Union Budget 2018-19, every one, including those associated with its formulation, finds themselves on their toes. One tends to agree with this report’s observations that “all factors considered, this budget presents the biggest challenge to the Modi government since coming into power”. More so when the economic scenario presents a worrisome picture towards low growth numbers, subdued investment sentiment and a widening deficit. With just a year more to go for the next Lok Sabha