Thursday, March 20th, 2025

Employment, inflation, middle class … 10 Know the answers from the budget on big questions

New Delhi : Before the budget of FY 2025-26, the graph of expectations was very high. Everyone was expecting the budget according to their needs. In such a situation, Finance Minister Nirmala Sitharaman tried to respond to these expectations. To know 10 big questions related to the budget and their answers, read this report of Narendra Nath and Akhilesh Pratap Singh:1- On middle class
For the first time since assuming power in 2014, the BJP government was facing resistance to middle class for the last few days. On all the platforms, this class was publicly expressing its disappointment from the government. The party and the government were also constantly being given feedback about their anger. Finally, the government took bold steps and announced a big relief to the largest section of taxpayers. Through the budget, an attempt was made to calm the anger of this class.

2- On the disinvestment front
This time the central government also remained sluggish on the issue of disinvestment in the budget. There is political helplessness behind this. Soon after coming to power in 2014, PM Modi showed an aggressive stance on the disinvestment front. After this, the opposition strongly opposed this move of privatization. The RSS itself did not fully agree with the government on this issue. Therefore, in the last few years, the government has remained dull on this front.

3- Round of welfare schemes
A new phase of welfare schemes has started across the country and they are considered to be a guarantee of political success, so some announcements related to it were also monitored in the budget. Will the amount of Kisan Samman Nidhi increase? Will new schemes be started? At present, the Finance Minister has considered it appropriate to avoid here. No big new scheme was announced. According to experts, the government did not even need them in its first year.

4- How much focus on women
Before the budget, most of the discussion was also about whether any such scheme will be applicable in the whole country on the lines of Ladli scheme? The discussion was also because in recent times this plan has become a political guarantee of victory. But according to the budget, this scheme was avoided by this scheme and an attempt was made to benefit women in another way. The government adopted an approach to give women indirectly benefited, which is also correct.

5- How much focus on rural India
In the last few years, rural India has been focused in every way. Sometimes there were challenges here due to the poor economy here and sometimes due to the movement of farmers. For the first time in the last one year, the government got some relief on both these fronts. Its impact was also seen on the budget. The government tried to present the budget overall for these areas, in which focus on long -term plans and their implementation, the approach of quick profit was not adopted.

6- Spending on development plans
In the budget, the government keeps the details of spending on infrastructure like roads, schools, hospitals from tomorrow-factories. In the current financial year, GDP growth was expected to increase the government capital spending in view of the estimate of declining to 6.4%. The current financial year is estimated to spend only Rs 10.18 lakh crore against the target of Rs 11.11 lakh crore and now it has been increased by 10% to 11.21 lakh crore for the next financial year. It should be seen in such a way that the private investment is sluggish for the last few years and the train is running at the government expense.

7- About inflation
With the arrival of 5.2% in December, retail inflation came to a 4 -month low, but the second aspect is that it was more than 5% in a consecutive month. The government has proposed to reduce custom duty on some things. Also, a 6 -year national mission has been announced to become self -sufficient in the case of pulses. It has also been proposed to promote horticulture crops including vegetables and fruits. It is not right now, but it can help in reducing inflation of food and drink later. Controlling fiscal deficit will also help on the inflation front.

8- The condition of government treasury
The budget targets to remain at 4.8% in the current financial year and bring it to 4.4% in the next financial year. Arrangements have been made to maintain fiscal deficit with mathematics due to reduction in government spending and increase in tax revenue. The government has also reduced its borrowing target to Rs 11.54 lakh crore. To achieve the goal of fiscal deficit, the government issues bonds and borrow from the market. However, Gross Market Borohings have been talked about increasing from 14.01 lakh crore to Rs 14.82 lakh crore in the current financial year. Due to this, the debt for the private sector is the risk of getting somewhat expensive.

9- Employment question
The government figure of unemployment rate is 6.4%. The opposition has been alleging that a large number of youth in the country are facing unemployment. In view of this, in the last budget, the government announced 3 Employment Linked Incentive (ELI) Schemes and PM Internship Scheme. ELI schemes could not get approval from the cabinet. However, in the current budget, the way the focus on MSME has been increased, sectors needed more labor like tourism, textile, leather are likely to create more employment opportunities.

10- Make in IndiaThere has been an allegation of the opposition regarding Make in India that instead of real production, the assembling is getting more by bringing parts from abroad. At the same time, in the Global Supply Chain, the economic survey about China’s increasing dominance was said that insisted on increasing production in the country. The budget has proposed the National Manufacturing Mission by increasing the focus on Make in India. This step is important because the share of manufacturing in GDP has not been increasing for the last several years. The Finance Minister said that by increasing the manufacturing capacity, it will help in connecting the economy better with the global supply chain.

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