New Delhi, Feb. 5 -- The Centre presented the Interim Union Budget for 2019-20 in Parliament last week, and as was expected, the shadow of the general election fell squarely on it. There are a number of schemes for all sections of population across social segments, and the most striking among them include, first the farm income support scheme that intends to transfer Rs 6,000 a year to farmers, and second the announcement of tax rebate for income earners below Rs 5 lakh.
No doubt, the budget clearly reflects the efforts by the government to woo rural and urban middle-class voters and farmers. But from an economic point of view too, it is good to see its efforts to support those segments, including the farm sector, which have long been reel...