India's Budget aimed at middle class, farmers

Election-year goodies include tax relief, welfare scheme, pensions

Armed policemen guarding bags containing Budget papers inside the Parliament premises in New Delhi yesterday. The interim Budget contains tax relief for sections of the middle class, a new welfare scheme for farmers and a pension scheme for workers.
Armed policemen guarding bags containing Budget papers inside the Parliament premises in New Delhi yesterday. The interim Budget contains tax relief for sections of the middle class, a new welfare scheme for farmers and a pension scheme for workers. PHOTO: REUTERS

The Narendra Modi government has unveiled an election-year interim Budget which contains tax relief for sections of the middle class, a new welfare scheme for farmers and a pension scheme for workers.

Analysts said the spending plan was clearly aimed at core constituents of the ruling Bharatiya Janata Party (BJP), including the middle class.

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A version of this article appeared in the print edition of The Straits Times on February 02, 2019, with the headline 'India's Budget aimed at middle class, farmers'. Subscribe