Some people are claiming that this budget should be looked at in same way as the liberalization in 1990s
Some of the reasons for this are:
1. Recently a game changing move, demonetisation has created a lasting impression on the common man and they are expecting some relief.
2. The elections in major constituencies, including UP are around the corner.
3. The economy, especially from a private sector spending perspective has come to a grinding halt and some impetus is required to bring the spending engine back.