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Budget 2018: Modi knows biz-friendly image doesn't pay in election year

Finance Minister Arun Jaitley's entire emphasis has been on the poor, with a few tweaks to the salaried, income-tax paying classes almost as an afterthought

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Union Finance Minister Arun Jaitley during a press conference after Union Budget 2018-19 presentation, in New Delhi (Photo: PTI)

Sidharth Bhatia | The Wire New Delhi
With eight state elections scheduled to be held this year, and the general elections due soon after, it would have been surprising if the Narendra Modi government had not presented a Budget that was aimed at the bottom of the economic pyramid, as it were.

Finance Minister Arun Jaitley has not disappointed – his entire emphasis has been on the rural sector and the poor, with a few tweaks to the salaried, income-tax paying classes almost as an afterthought. As for the corporate sector, it cannot possibly be delighted at Jaitley’s proposals, simply because there was nothing in them to