On this Special Report, the focus is on the critical analysis of the Union Budget following a sharp reaction from the Leader of the Opposition, Rahul Gandhi. Gandhi described the budget as ‘blind to India’s real crises,’ citing issues such as falling manufacturing, plummeting household savings, and distressed farmers. Political analyst Shankar Iyer joins the discussion, suggesting that the opposition should present a ‘shadow budget’ to provide a concrete alternative blueprint for the Indian economy. Iyer highlights a significant structural concern, noting that ‘the share of GDP to capital is expanding exponentially, whereas the share of growth or income to the labor, which is people who work, has gone down.’ The programme explores the need for a bipartisan focus on the economy and questions whether the opposition can offer a viable economic plan beyond criticism, while also examining the performance of Congress-ruled states on similar economic parameters.
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