Several economic promises of BJP too tall: Experts


New Delhi, Apr 9 (IANS): Bharatiya Janata Party's promises on the economic front mentioned in its manifesto including the investment of Rs 100 lakh crore in infrastructure over the next five years and pension to marginal farmers seem over-ambitious, experts said.

The promises if implemented would have a huge impact on the country's exchequer, they said. The slow down in several economic indicators adds the scepticism towards the actual implementation of the decisions.

The manifesto said that by 2024, the party, would make capital investment of Rs 100 lakh crore in the infrastructure sector, which has raised eyebrows in many quarters.

Expressing astonishment over the promised investment amount N.R. Bhanumurthy, Professor at National Institute of Public Finance and Policy said that it is unrealistic as Rs 100 lakh crore is over 50 per cent of country's GDP.

"It is very important to know how the proposed number has been generated," Bhanumurthy told IANS.

Former Chief Statistician Pronab Sen said that the political parties do not actually tend to spend the amount of money they promise in manifestos and while presenting a budget they would come out with more pragmatic proposals.

The BJP on Monday reiterated its promise to double farm income by 2022, extend PM-KISAN scheme to all farmers, and give pension for small and marginal farmers.

At times when the country also has to maintain fiscal deficit, these schemes would have

The 'Sankalpit Bharat Sashakt Bharat', released by Prime Minister Narendra Modi and BJP President Amit Shah, also pledged an investment of Rs 25 lakh crore to improve productivity in the farm sector.

  

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Comment on this article

  • sunitha, udupi

    Wed, Apr 10 2019

    In demonetisation all the small savings of housewives ,middle class ,poor went to psu banks -now planning to rob it and invest in gujju infrastructure

    DisAgree Agree Reply Report Abuse

  • Ramesh, Kudla

    Tue, Apr 09 2019

    Where this expert come from? He didn't find Congi's 72,000 too tall? Spending in infrastructure will atleast create more jobs. Better giving job than giving free money to people.

    DisAgree [17] Agree [6] Reply Report Abuse

  • readerwriter007, pune

    Tue, Apr 09 2019

    BJP and Modi have evidenced they can take up tall and strong decisions... Whether it was of Demonetization or Teen Talaq or Surgical strike ... They have done and evidenced the country. So, their next term will be strong and great... so u r seeing tall promises.... when a joker can promise so many stupid things with out any brain... a party with leader like Modi, what not they can promise... app bhi na sir...

    DisAgree [9] Agree [7] Reply Report Abuse

  • Neeth, Mangalore

    Tue, Apr 09 2019

    Only NYAY is feasible. LOL

    DisAgree [2] Agree [12] Reply Report Abuse

  • gm, mlur

    Tue, Apr 09 2019

    Take 100 lakh crores + other amount from PM (present), amit shah, its ministers, mp's and close supporters.

    DisAgree [5] Agree [22] Reply Report Abuse

  • Sahil, Mangaluru

    Tue, Apr 09 2019

    Let expert do their sincere work kindly don't harrase them.

    DisAgree [2] Agree [23] Reply Report Abuse

  • Naveen Monteiro, DXB/Mudipu

    Tue, Apr 09 2019

    Dear Experts,
    Don't waste your valuable time on this manifesto. This is as usual fake manifesto.

    DisAgree [6] Agree [39] Reply Report Abuse

  • Moideen, Surathkal

    Tue, Apr 09 2019

    Where were you all when Congress manifesto gave Rs 72000 every year ? Is this viable?

    Kuch Bhiiiii

    DisAgree [31] Agree [10] Reply Report Abuse

  • Tilak, Shirva

    Tue, Apr 09 2019

    Spending about 2% of GDP on the 20% is not viable? Is removing poverty with one stroke not viable?

    DisAgree Agree [5] Reply Report Abuse

  • David Pais, Mangalore

    Tue, Apr 09 2019

    utter failures promises of tall. definitely chor chowkidar will fall. no protection from anil wall.

    DisAgree [8] Agree [28] Reply Report Abuse


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