ISS Previous Year Paper 2017 GS Solution Question 3(a) Budget 2017 and Transform, Energise and Clean (TEC) India

ISS Previous Year Paper 2017 GS Solution Question 3(a) Budget 2017 and Transform, Energise and Clean (TEC) India. Detailed answer discussing whether Budget 2017 aimed to empower the common man through the TEC approach.

Budget 2017 and Transform, Energise and Clean (TEC) India

ISS Previous Year Paper 2017 GS Solution Question

Q.3(a) Does recent Budget (2017) aim to Transform, Energise and Clean (TEC) Indian Economy to ensure empowering common man in India? Discuss.

Answer :

The Union Budget 2017 was designed around the vision of Transform, Energise and Clean (TEC) India, focusing on inclusive growth and empowerment of ordinary citizens.

The Transform component aimed to improve governance and economic efficiency through measures such as digitalization, tax reforms, infrastructure development, and greater transparency in public administration. Efforts to modernize the economy and simplify government procedures reflected this objective.

The Energise component focused on empowering various sections of society, especially farmers, youth, women, and small entrepreneurs. Increased allocation for rural infrastructure, agricultural credit, skill development, affordable housing, and employment generation sought to stimulate economic activity and improve living standards.

The Clean component emphasized transparency, accountability, and the reduction of black money. Following demonetization, the budget promoted digital payments, formalization of the economy, and measures to improve tax compliance. Reduction in income tax rates for lower-income groups also aimed to provide relief to the common man.

These initiatives collectively sought to strengthen economic growth while ensuring that the benefits of development reached a broader segment of society.

Conclusion

The Budget 2017 reflected the government's commitment to transforming governance, energizing economic activity, and promoting transparency. Through its TEC framework, it aimed to empower the common man by supporting inclusive and sustainable economic development.