Let’s understand what the word ‘populism’ means so that we can arrive at the meaning of the phrase ‘populist Budget’.

‘Populism’ means the quality of something appealing to or being aimed at ordinary people. Thus, a populist Budget would mean a Budget that has a number of aspects that will help ordinary people either save more money or taxes.

Yes, a lot of people are expecting the upcoming interim Budget to be a populist one. The reason for the same is that with the General Elections right around the corner, the government might try to appease the masses by announcing tax changes that will help the common man save more money.