It is essential for the promising party to declare in the manifesto the proposed methods of finding extra revenue to meet such expenditures.
Modi ki guarantee
Election fever is on. An addition to the political vocabulary is the term ‘guarantee’, which has a prime place in all political party manifestos. Several questions emerge: What is the economic logic of providing guaranteed programmes? Is there any quid pro quo between free schemes and seeking votes? Is it ethical? Will that impact the overall fiscal discipline?