budget 2023, Swaminathan Iyer article: Budget coming before 2024, will free ‘revdi’ be distributed – is budget 2023 is full of revdis, here is the top economist views
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Expectation of semi revadi in semi election budget
Due to assembly elections in nine states, people are expecting that this time budget will be an election budget. That election budget which will be full of gifts for vote banks. Next year in 2024, the general elections are expected to be held around May, before that the Modi government will present its interim budget in the month of February. Hence, this will be the last full budget of the Modi government before the general elections. So will this be an election budget? It is bound to arise in people’s mind about gifts like hawkers, free schemes, subsidies. There is little hope that this will actually happen.
Lollipop is less expected due to these three reasons
The chances of this budget being an election budget are slim. Economist Swimanathan has mentioned three reasons behind this. First Prime Minister Narendra Modi who has always been against the free Revadi culture. The Modi government at the Center and PM Modi himself have been criticizing the free scheme by calling it ‘Rewdi’. The second reason is that there is still a lot of time for the general elections i.e. 2024 Lok Sabha elections. It is about 15 months. In such a situation, if a cheap or free scheme is announced in this budget now, then it will not remain in the memory of the public till the general elections. Third, the 2024 interim budget may also be full of freebies. In such a situation, it is possible that BJP may keep this strategy in reserve. Political pundits believe that this budget coming before the elections in nine states will shower gifts. There are assembly elections in nine states in the year 2023. Subsidy schemes are a strong bet for any election. In such a situation, the campaigners of BJP are also sitting with high hopes from the budget. Year 2023 which is the year of semi election. The expectations placed on him could not be fulfilled.
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