Not a bad manifesto
BJP manifesto has bunch of promises. The manifesto is long on welfare but
short on fiscal and macroeconomic detail. The ruling party has played up
national security in its manifesto. Its economic promises are not satisfactory.
The BJP has promised extending its income support scheme of PM Kisan
Samman Nidhi Yojana to all farmers. In addition, small and marginal farmers
have been assured of a pension scheme, while Kisan credit card loans up to ₹1
lakh will be made available at zero interest.
For industry and services, the manifesto promises more of the same. It
reiterates its resolve to move up the ease of doing business rankings and cites
GST and the bankruptcy code as major successes.
But there is little on offer by way of a jobs programme. If it is not
clear how the Congress’ minimum income programme can be funded, the same
applies to the BJP’s promises.
The manifesto, however, is not committing funds to education and health.
The government is claiming that its growth record has been the best in the
post-reform years.
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