ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

17th Lok SabhaSubscribe to 17th Lok Sabha

Electoral Cycle and the Union Budget 2023–24

The fiscal deficit and expenditure composition in terms of revenue and capital expenditure in a pre-election budget capture the net effect of the compulsion of reducing taxes and levies, and spending more, particularly on welfare measures, partly to attract votes. An analysis of the 2023–24 budget before the 2024 Lok Sabha elections shows that the current National Democratic Alliance government has managed such compulsions better than not only the two previous United Progressive Alliance governments but even the preceding NDA government.

Back to Top