Some Populist Steps Expected for Various Sectors in Budget 2018

The Budget 2018-19 will be the last full Budget before the Lok Sabha elections in 2019. Also before the said elections there will be assembly election in eight states in 2018 namely Meghalaya, Tripura, Nagaland, Karnataka, Mizoram, Chhattisgarh, Madhya Pradesh and Rajasthan. As a result both Political compulsions and opportunism is expected to play out in the Budget 2018-19. Although keeping in mind the fiscal compulsions and recent statements made by Finance Minister Arun Jaitley and also Prime Minister Narendra Modi himself it is given that the Budget 2018-19 is not going to be overly populist in nature. During a