I am almost one hundred percent sure when I write this that the budget, which our honourable finance minister is going to present before the Parliament next month, is going to be a hugely populist one. Although nothing different from other previous budgets – which were more of political rhetoric than anything else – this time, it is different. This time, it is more of a compulsion for the UPA, which is finding itself cornered with respect to untamable inflation on the one hand, and equally unbeatable corruption cases and scams on the other. Ever since it has come to power in 2004, UPA has never been in such a position ever. A never-ending series of scams that eroded crores of rupees not only tainted the UPA’s political image, but also dented their performance ratings in a big way. If the CWG scam dented the global image of the government – where crores were siphoned-off and the infrastructure promised never came to shape – then the 2G scam broke all records of corruption. As per conser...
Dr. Arindam Chaudhuri
(An IIPM Think Tank Blog)