Budget Track, Volume 2, Track 2
This Budget Track came out at a time when the UPA Government had spent more than six months in power with its coalition partners, which share diverse interests and a varied economic agenda. The influence of these larger political processes on the functioning of the government was manifested in almost all the policy formulations it is making. While the progressive forces in the coalition were trying to pressurise the government to go for policies laid down in the National Common Minimum Programme, the Government was trying to strike a balance between its commitments towards the neo-liberal agenda and the pro-people needs. In this issue of Budget Track, we capture some of these developments in the overall macro-economic scenario over six months of UPA governance.