CLEAN : Indias Modi to unveil reform agenda in maiden budget

The video discusses the need for budget consolidation by balancing income and expenditure to reduce the deficit to around 4%. It highlights the challenge of reducing inflation amidst high public expectations, especially after Mr. Modi's campaign promises. The burden of subsidies, which account for 30% of tax revenue, is also examined. The Gujarat model is presented as an example of good governance, focusing on infrastructure and value for money. Finally, the video touches on the potential for economic growth and increased investment opportunities in India.

What is the main goal of consolidation as discussed in the video?

• To increase inflation

• To reduce taxes

• To balance income and expenditure

• To increase government spending

What challenge is highlighted in relation to Mr. Modi's campaign promises?

• They are impossible to achieve

• They require immediate results

• They take time to fulfill

• They are not feasible

What percentage of the central tax revenue is consumed by subsidies?

• 10%

• 20%

• 30%

• 40%

Which of the following is NOT mentioned as a type of subsidy?

• Food

• Fertilizers

• Healthcare

• Petroleum

What is the Gujarat model primarily associated with?

• Rapid industrialization

• Economic isolation

• Good governance

• High taxation