This budget was supposed to be about rural distress, unemployment, raising consumption demand and garnering resources for the above. These areas have mostly been covered.
There are steps in the reform of labour laws, connectivity, housing, banking and the non-banking financial company sector, green economy and rural population. Although there was not much emphasis on livelihood mention of micro, small & medium enterprises, scheme of fund for regeneration of traditional industries, SHG loans, FPOs (farmer’s producer organisations) signalled the government’s intent.
In any country, if connectivity is good, half the job is done. It is not production but the market and the connectivity thereto which has become a problem today.
