Government's Fiscal Initiatives in India

Yesterday, Finance Minister Nirmala Sitharaman presented the first budget under the third Narendra Modi-led government.

Following the announcement, PM Modi stated that the budget would empower every section of society and ensure inclusive growth. He highlighted that Dalit and backward class communities would benefit from the budget's powerful schemes and that women's contributions would be encouraged.

However, opposition parties were critical. The Congress labeled it the "Save Modi Government Budget," the Trinamool Congress (TMC) called it "politically biased and anti-poor," and the Samajwadi Party (SP) claimed it overlooked the interests of youth and farmers.

But to understand the budget beyond political reactions, and what it actually means for the economy, we are joined today by Indian Express’ Udit Misra.

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Edited and mixed by Suresh Pawar