Budget 2023: What will the last budget of Modi 2.0 give?

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The budget session of the Parliament is going to start from Tuesday. This session of the Parliament is such that the waiting is done by the ruling party, the opposition and the general public. Finance Minister Nirmala Sitharaman will present the budget on Wednesday. This will be the last full budget of the NDA government led by PM Narendra Modi. This will be the election budget of the BJP government, in which it will try to give something or the other to all sections. However, in the current economic environment, it will be extremely challenging for the government. PM Modi himself has said that now there are less than 400 days left in the election, in such a situation every day has to be used. On the other hand, there are challenges to establish itself in front of the opposition, which it has been facing for the last eight years. The budget session will be held in two phases. In the first phase, economic survey, President’s address, budget, discussion on the address in both houses, motion of thanks and discussion on the budget will be held. In the second phase, demands for grants of various ministries will be discussed. The budget session will begin on January 31 and continue till April 6. The first phase will run from 31 January to 13 February and the second phase from 13 March to 6 April. The budget session will begin with the speech of President Draupadi Murmu. This will also be his first address after becoming the President.

populist strategy

populist strategy

In its last full budget before the general elections, the Modi government would like to please all sections by giving something or the other. This time the middle class, especially the working class, is pinning high hopes on the government. He is looking forward to increase in income tax slab. It was last changed ten years ago, and since then the inflation index has increased by more than 50 per cent. It is believed that this time the government can give some relief to this class. On the other hand, looking at the anger among the youth regarding unemployment, it is believed that the government can find some ways in this direction from where employment can be found. Apart from this, BJP would also like to focus on its new core voters created among the poor.

BJP’s welfare schemes

BJP's welfare schemes

Recently, through the welfare schemes of the Modi government like free ration, Ujjwala Yojana, Kisan Samman Nidhi etc., BJP has strengthened its hold among the poor. This section has played a major role in the successive electoral victories one after the other. But in the current economic crisis, the challenge of fiscal deficit remains in front of the government. In such a situation, it will be very difficult to raise enough resources for this new vote bank. The biggest focus in this budget will be on how the BJP government balances it. Many commentators are claiming that this year the whole world may face economic recession, which may affect India as well. In this session, eyes will also be on what Prime Minister Modi speaks on behalf of the government in response to the President’s address. His speech can also be an agenda setter.

Clash between the opposition in the budget session

Clash between the opposition in the budget session

During the budget session, the opposition does not have much option of disruption, because getting the budget passed is the responsibility of the government as well as the opposition. Despite this, there has been a confrontation between the ruling party and the opposition in the budget session for the last few years. In the year 2021, many opposition parties had boycotted the President’s address in protest against the three controversial farmer laws. This year also the border dispute with China, especially in the area of ​​Eastern Ladakh, after the recent reports of the security forces about the incursions made by China in the Indian territory, is quite an attack on the Congress government. She has bluntly said that she will seek answers from the government and PM Modi on this issue. However, this will not be the first time that the opposition, including the Congress, has raised the issue. In the last winter session too, the opposition tried to corner the government over the border dispute with China, leading to a standoff inside the House. The opposition was demanding a discussion on the issue in both the Houses of Parliament. Not only this, several opposition parties, including the Congress, had boycotted the House on this issue.

Eyes will be on the unity of the opposition

Eyes will be on the unity of the opposition

Apart from China, the Congress is constantly raising questions about the recent revelations on Adani Group, BBC documentary on PM Modi and inflation. In the coming session, she will try to corner the government on all these issues. It is noteworthy that the session is starting the next day after the conclusion of the Bharat Jodo Yatra. The Congress will also try to project that the claims made by Rahul Gandhi regarding the issue of China, the closeness of Adani and PM Modi proved to be correct. In the session, the Congress will also try to take all the opposition parties along, so that the entire opposition can surround the government together. Meanwhile, non-Congress, non-BJP parties in the country together have started the exercise of third front. On the initiative of BRS supremo Telangana CM K Chandrasekhar Rao, several opposition parties got together in the past. Even though the opposition parties are engaged in the exercise of giving an alternative front to Narendra Modi and BJP, but the opposition is still weighing all the conditions and possibilities. Leaders like Nitish Kumar and Mamta Banerjee are not yet ready to open their cards completely. In such a situation, how united and how scattered the opposition is, it will also become clear during the budget session of the Parliament.

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