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Reflection of polls may be seen in Union budget, key announcements likely

Although the Union budget is unlikely to have any specific announcements for poll-bound states, some populist announcements focusing on the farm sector and MSMEs may be made to send signals of positivity ahead of the seven-phase polls in Uttar Pradesh, analysts say

Published on: Feb 1, 2022, 00:26:32 IST
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The reflection of the polls to five state assemblies may be seen in the Union budget for 2022-23 that Union finance minister Nirmala Sitharaman is scheduled to present in the Lok Sabha on Tuesday as key announcements are likely, according to analysts and officials.

The Union budget for 2022-23 may have some announcements for the farm sector in view of the polls, according to analysts. (FILE PHOTO)
The Union budget for 2022-23 may have some announcements for the farm sector in view of the polls, according to analysts. (FILE PHOTO)

Although the Union budget is unlikely to have any state-specific announcements for poll-bound states, some populist announcements focusing on the farm sector and MSMEs may be made to send signals of positivity ahead of the seven-phase voting in Uttar Pradesh, they say.

Besides Uttar Pradesh, polls to the assemblies of Uttarakhand, Punjab, Goa and Manipur will be held in the next few weeks.

As Uttar Pradesh is also the largest beneficiary of most of the centrally sponsored schemes, any move to announce new projects or changes in the ongoing ones may have an impact on the people.

An increase in the budget of schemes linked to farm sector and farmers, MNREGA, rural sector, micro irrigation, schemes for women and the MSMEs sector may also be expected in the Union budget.

“Yes, the 2022 election to five state assemblies is bound to cast a shadow on the Union budget for 2022-23. There are likely to be some populist announcements in the Union budget to give a feel-good message to the voters. Economics and politics cannot be separated in a democratic polity. Steps may be taken to increase and augment credit limits, modernisation of Mandi Samitis and increasing the Kisan Samman Nidhi. The Centre may extend relief to people by increasing the limit of standard deduction in income tax. It may also give relief to MSME sector that has been under distress amid the fight against Covid-19,” said Professor Yashvir Tyagi, former head of the department of economics, Lucknow University.

“True, the budget is unlikely to have any state specific announcements. But some announcements relating to the farm sector may be expected though the shape of announcements or expected schemes for the sector may not be predicted,” said AK Singh, former director of the Giri Institute of Development Studies, Lucknow.

Major political parties also have their own views on any possible move to influence 2022 assembly elections.

“The Election Commission of India will ensure that the elections are held in a free and impartial manner though the Union government may make attempts to influence voters. As far as the people of state are concerned, the people of state have already made up their mind to vote out the BJP in Uttar Pradesh,” said Samajwadi Party spokesman Rajendra Chaudhary.

“The Union budget is a constitutional requirement. It incorporates schemes for development and people of the country may not be deprived of any benefits due to elections in some states,” said Uttar Pradesh BJP spokesman Avnish Tyagi.

 
ABOUT THE AUTHOR
Umesh Raghuvanshi

Umesh Raghuvanshi is an award-winning journalist with nearly four decades of demonstrated experience in the profession. He is the author of Ayodhya: The Gods Are Liberated. He is skilled in storytelling and newswriting, and writes on politics, governance, legislature, finance, environment, and social issues. He is based in Lucknow, is well-travelled, and has covered several national and international events, as well as all assembly and parliament elections in Uttar Pradesh since 1984. He has been a visiting scholar at the Graduate School of Journalism, University of California, Berkeley, USA, and a Metcalf Fellow at the Metcalf Institute of Marine and Environmental Reporting, University of Rhode Island, USA. He is a science graduate from DBS College, Dehradun, and holds an MA in Political Science from DAV (PG) College, Dehradun. He won the KC Kulish International Merit Award for excellence in journalism (2015) and received it in New Delhi in 2017. He also won a competition organised by the United Nations Environment Programme DTIE OzonAction Programme in 2009 that assessed coverage of the interlinkages between ozone and climate change. He was awarded in Beijing, China, in 2010. He started his career with a Dehradun-based English daily in the early 1980s and later worked with The Pioneer too.

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