In the first episode of ‘Budget 2025: What’s at Stake?’, renowned economist and former professor at Jawaharlal Nehru University Prabhat Patnaik unpacks how the Union Budget 2025-26 is likely to reflect the government’s overarching economic strategy. Patnaik explores the budget’s role in addressing growth, inequality, and fiscal priorities, while critically analysing its alignment with broader policy objectives.
The government’s economic priorities and strategies, he argues, need an overhaul if we are to live in a society that is more equal. He talks about five economic rights he thinks every citizen should have, and how the government can raise the money required to make these a reality.