Freebies expected to rise in 2024 elections
The NDA faces a tough challenge to repeat its 2019 performance. It will be hard for the BJP and NDA to resist throwing such populist measures as a part of its manifesto for long, which will be a big negative for the economy, brokerage firm Prabhudas Lilladher said in a note.
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New Delhi The NDA faces a tough challenge to repeat its 2019 performance. It will be hard for the BJP and NDA to resist throwing such populist measures as a part of its manifesto for long, which will be a big negative for the economy, brokerage firm Prabhudas Lilladher said in a note.
The year 2024 will be a do or die elections for both the Congress and BJP. We expect a significant increase in unrest and populist measures in run up-to elections, the report said.
Election led populism is likely to rise, the report said. Election freebies started with free electricity up to 200 units in Delhi, Rs 2,000 to women got added in Punjab, Old pension scheme was added in Himachal and unemployment allowance has been added in Karnataka.
