Election-eve confidence: Finance minister Nirmala Sitharaman shuns sweeteners, focuses on fiscal fitness

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Key Points

Budgets, especially the pre-poll vote-on-account version, have long been leveraged to send politically-loaded signals through their. s, on Thursday, also sent out a loud message even though she steered clear of electoral overtures in the form of tax sweeteners as well as sops...

The budget, her sixth straight -- matching Morarji Desai's record -- signals the governing alliances confidence about the outcome of the. and comes a day after PM Modis well be back comment...

Rather than make the kind of populist announcements that have characterised the last several interim budgets, Sitharamans 58-minute speech her shortest focused on showcasing what the govt sees as its key achievements and on outlining the approach to the next term that was taken as a given...

She backed her claim by citing specific achievements: recovery from the havoc of the pandemic, three consecutive years of 7%-plus growth, record capex, robust tax collection, fiscal discipline and transparency in budget numbers things that add up to an impressive scorecard which is set to be contrasted with UPA's during the coming election campaign..

The budget marks yet another effort to align the country with the global push for green energy, with Sitharman laying out an impressive blueprint ecompassing e-vehicles, circular economy and green-compliant innovations of bio-plastics and bio-pharma...