A Budget of Great Cynicism

Feb 10th 2025, Prabhat Patnaik

No budget in post-independence India had been as openly cynical about the lives of the vast masses of the working people as the one presented on February 1, 2025. All pundits, from the finance minister downwards, agree that the strategy of the budget is to stimulate the economy by boosting middle class consumption through tax-cuts.

* This article was originally published in the People's Democracy on February 4, 2024.


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