More for more: On the Union Budget and allocations
Budgets of the Union or the States, as much as they are revenue and expenditure statements for the upcoming fiscal year, are also an exercise in political economy, and the recently tabled Union Budget for 2024-25 is no different. Aside from the “nine priorities”, beginning with provisions for the farm sector and attempts to boost employment, Union Finance Minister Nirmala Sitharaman delved at some length on the special provisions made for the States of Andhra Pradesh and Bihar. Both are headed by parties providing crucial support to the Bharatiya Janata Party (BJP) after its underwhelming performance in the 2024 general election. The Janata Dal (United) headed by Bihar Chief Minister Nitish Kumar, and the Telugu Desam Party headed by his Andhra Pradesh counterpart N. Chandrababu Naidu a...