Basole, Amit
(2015)
The 2015-2016 Budget: Business as Usual?
Sanhati.
Abstract
A popular quip goes, “a politician is that person who, when he comes to a fork in the road goes both ways.” This contains a significant truth about political decision-making. In an electoral democracy like India moneyed interests wield a large influence on policy. But the vast majority of votes lie with the poor. The former exert great pressures to steer government policy in an anti-people direction. But the latter ensures that extreme steps cannot easily be taken. Government must be at least seen to be taking both forks in the road.
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