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BJP promises in Lok Sabha poll manifesto unrealistic: Experts

Manifesto says by 2024, party would make capital investment of Rs 100 lakh crore in infrastructure sector, which has raised eyebrows in many quarters

NE NOW NEWS by NE NOW NEWS
NEW DELHI , April 9, 2019 12:19 pm
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If the north-eastern states which are either ruled by the Bharatiya Janata Party (BJP) or its allies are elated at the sops offered in the party manifesto for Lok Sabha polls, experts feel otherwise.

Also read: NRC to be implemented across India, a la Assam: BJP manifesto

According to experts, promises made in the manifesto which was released at the BJP headquarters in New Delhi on the economic front including the investment of Rs 100 lakh crore in infrastructure over the next five years and pension to marginal farmers seem over-ambitious.

Also read: BJP makes major goof up on women’s safety in party manifesto

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 skepticism 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.

Also read: Northeast: NESO raps BJP for inclusion of CAB in Lok Sabha poll manifesto

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 media.

Also read: Tension simmers in Assam again as BJP vows to bring back citizenship bill

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.

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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NORTHEAST NOW

Northeast Now is a multi-app based hyper-regional bilingual news portal. Led by a group of professionals, the digital news platform covers every inch of the eight states of northeast India and the five neighbouring countries. It is the first of its kind new media initiative in the northeast, and is based in Guwahati. As the political dynamics in the northeast is intricate and fluid, Northeast Now is always politically neutral.

 
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