FM Nirmala Sitaraman had presented her fifth budget and the same is considered by many as the last Budget of BJP before 2024 elections.
The budget as usual was projected as good by the Government and its Ministers, inclusive of all the class for the various growth opportunities that may be capatalised upon while the opposition keeping with the tradition of opposing every step that the government wishes to take stated of the budget being directionless, visionless with no road map and employment plans, not showing any signs for the equality etc. amongst the different standards of the people.
The opposition made a mention of no welfare plans for the farmers and the budget is described as the cover-up of all that is missed by the Government during the coved period and by the end of 2022 keeping an eye on 2024 elections together with the states that are going on poll in the near future.
The middle class seems benefitted with the raising of the taxable income and a relief even on the leave encashment bracket while retiring from the services especially of the employees of the non government sectors.
Yet, many have expressed that the small saving schemes and the encouragement for the investment to escape the tax liabilities is somehow expected to get defeated.
People in general might be inclined towards more on spending over the common tendencies of saving to escape the tax liabilities which obviously shall make an impact on the rising market opportunities for the same is instrumental of improving the purchase capacity of the common individual
The middle class is benefitted from keeping their being loyal to BJP this is what is claimed while others are tuned to state that the Government priorities are to ensure the development of few selected business houses notably so called friends like Ambani and Adani.
The plans for the infrastructure developments is indeed one of the seven priorities of FM is of course evident as that the airports are developed and the plans of developing the same for better connectivity. However, the opposition roared with the slogans that this is not amrit kal but mitrakal and is indeed devoid of any vision for employment, middle class and farmers and only is focused for the welfare of the "mitra"
The FM has made no mention of these classes which are the major objections of the senior opposition leaders.
Those who have no reasons to defend or appreciate the incumbent budgets mostly the businessman,economists,tax consultant all appear to have perceived the budget as one of the best of the FM ever since she has taken up the assignment.
There are seven primary leadership styles. Railways has got good development projects for the overall improvement of the infrastructure facilities the government as well refuted the arguments that the government has nay plan of privatizing the complex railway network.
The Minister clarified that the common men has economical fares through railway journeys and at times the good s transport too is subsidized and may other obligations that makes the railways as economical alternatives of the transport of the goods and for the easy movement of the people across the nation there appears no reason to make the Railways vulnerable by privatizing the same .he also mentioned of the various good developments of the railway stations recently and after 2014 the overall faces of the railways stations have changed.
The Platforms now seem worth staying during the train journeys; the punctuality of arrivals and departures too have improved these ears making the railways a worthy mode of the surface transport for all.
Over all the budget has been seen through the different aspects by all concerned yet appears quite balanced and progressive.
The time is going to script the same appropriately for all concerned.
- sunil s okhade