News Nation Logo

Budget 2018: Impossible to double farmers' income by 2022, says Manmohan Singh

“I Do Not Think I Can Blame The Budget For Being Motivated By Scoring Points In Elections, But What Worries Me Is That The Fiscal Arithmetic Is At Fault,' Ex-PM Said.

PTI | Updated on: 02 Feb 2018, 09:12:00 AM
Budget 2018: Not possible to double farmers' income by 2022, says Manmohan Singh

New Delhi:

Former Prime Minister Manmohan Singh on Thursday said it is not possible to double farmers’ income by 2022 until the agricultural growth is 12 per cent.

“The government says farmers’ income will be doubled by 2022. But it’s not possible until the agricultural growth is 12 per cent. Until we achieve that ... It is just a hollow assurance,” Congress leader Ghulam Nabi Azad quoted Singh as saying after a meeting of opposition parties here.

“The fiscal deficit seems to have increased,” the former prime minister said.

Earlier in the day, Singh said it was to be seen how the government would fulfill its promises.

Also Read | Budget 2018 focus on agriculture, rural sectors; income tax rates, slabs unchanged 

“I do not think I can blame the budget for being motivated by scoring points in elections, but what worries me is that the fiscal arithmetic is at fault,” he told NDTV.

When questioned if the budget was reform-oriented, the former PM said the word reform has been used and abused too many times.

“I don’t want to comment on it,” he said, asking whether the farm crisis is a thing of the past and if not, what the strategy to deal with it is. 

For all the Latest India News, Download News Nation Android and iOS Mobile Apps.

First Published : 02 Feb 2018, 09:02:31 AM

Videos