Since last four years, the ruling party has advocated and implemented pro-corporate policies. The objective was simple and straightforward, to keep the corporate lobby happy and intact so that the funds keep flowing for the party. And in India, the nexus between the corporate lobbies and political funding is extremely deep and well seated. Last year, almost every big private company has funded for BJP ranging from DLF (the largest real estate firm) to Airtel. Twenty-one electoral trusts heavily funded by the country’s top corporates gave more than Rs 290 crore to the BJP in 2016-17. The Print featured a story on the same.
Now as the nation is moving towards the general election which is to be held in 2019, with just one year remaining in hand for Shah-Modi, the government very cleverly came up with the pro-rural budget because the rural community makes the largest vote base for any party in India. Corporate houses can only provide you funds, but votes can be generated only from rural India. The government is thinking that one year with increased allocations of the budget is enough to bring both, votes and ground changes, in the account of BJP. Maybe the former is possible, but the latter cannot take place.
Secondly, for the entire rule of four years till now the party has failed to address the concerns of the farming community in India. In various states like MP, Chhattisgarh, Maharashtra the ruling party saw the agitation from the farmers and the Chief Ministers of those states were in a deep dilemma. And frankly, in Gujarat and now in Rajasthan, the agricultural community has gone against the Modi Government in full swing. They have pressurized the party and made it realized that they are going all wrong in their agenda by placing corporate lobby as their first and topmost priority.
This budget shows that BJP is sensing the anger of farmers against the party and has accepted its inability to address the concerns of the farming community in the country.