Business Today

Budget 2019: The Saffron Hand

Despite a historic mandate, the Modi government will find it difficult to ignore the wish list of RSS affiliates

As the new Modi government gets down to the job of presenting its first full Union Budget, all eyes are on 'Dharmakshetra', a building in New Delhi's government residential colony of RK Puram that serves as the headquarters of the Swadeshi Jagran Manch (SJM). The complex has been built on a road named after Babu Genu, a pre Independence star of the Swadeshi movement. An economic think tank of the Rashtriya Swayamsevak Sangh (RSS) the ideological parent of the ruling Bharatiya Janata Party (BJP) the SJM had guided the first Modi government's stand on all important economic matters and tried to steer it towards what was loosely termed as swadeshi economics, though the government, despite their opposition, did open up several sectors to foreign direct investment (FDI), including insurance.

Today, as the government starts its new

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today3 min read
Road Warrior
IN THE HEART of Khalid Wani, who is the Senior Director of Sales for the India region at the American storage drive maker, Western Digital, beats the rhythm of a fervent traveller. He’s a man who believes passionately that the most precious memories
Business Today2 min read
All That Glitters
THE YEAR 2024 has so far, been a dazzling one for gold, which has recorded a new high of more than ₹73,000 per 10 gm on the MCX in 2024. The prices are up by more than 10% this year, outperforming the Nifty. The current bullish trend in gold prices i
Business Today1 min read
Low Burden
A combined approach of individual and HUF income can help a married couple enjoy more tax benefits Gifts received from spouse are tax-free up to ₹50,000 A taxpayer can reduce tax liability or avoid clubbing income by loaning to their spouse at a cert

Related Books & Audiobooks