'Competitive populism': What analysts say about Congress, BJP manifestos

Congress, BJP populist manifestos come at a time when Skymet has already cautioned against lower-than-normal monsoon this year, which in turn can stoke inflationary pressures in the economy

Market analysts have given a thumbs-down to the general election 2019 manifestos of both leading parties, the Indian National Congress (INC / Congress) and the Bharatiya Janata Party (BJP), saying the measures promised to the electorate are populist and can put pressure on the fiscal situation. 

The measures come at a time when Skymet, a private weather forecaster, has already cautioned against lower-than-normal monsoon this year, which in turn can stoke inflationary pressures in the economy.

The Congress’ flagship poll