The Union Budget- What’s in it for us?
July is the best time for economics in India, as the farmers get all the rain they require for their harvest and the commoners get the budget. So, as a layman, what would one expect from the budget? First of all, since worldwide, there is a recession, we would like some more steps to guarantee sustainable employment. Also, we would like to see some consumer durables being cheaper than they are. The government has just raised the price of petrol and diesel; this will really be heavy on the consumers.
We would like to see lower prices of fruits and vegetables and most of us, upper middle class people would like to see cheaper imported food stuffs, as we use a lot of the same. The common person uses medicines a lot, we would like to see their prices regulated, and most of us can’t afford to buy a home in our lifetime; so we would like to see that change. Also, the taxes levied for homeowners are so high that most of us desist from buying our first house.
I don’t know why and how foreign brands have a free run in this country. They not only sabotage the smaller, Indian enterprises; but people end up paying a lot more than they can afford, just to keep up with the times. This is foolish, and foreign brands should be forced to sell at the domestic prices in the market.
Hard working Indians are really prone to entertainment, so we must get some sops and cheaper prices for multiplex tickets. The railways and road transports are doing a great job and we would like to see more online bookings for the same. Air fares should also be lowered; this will lead to more people traveling by air. We want cheaper cars, scooters and cycles at the best quality possible.
As far as the banking and insurance sector is concerned, we would like to be able to take home and business start up loans easily with the least interest rates. This is not really happening and many of us remain in debt for the major portions of our lives. We have voiced our concerns; now, its up to the government to do something!
Neha Singh
Want to write here ? - click here
Click here for MyBandra Home page, Bandra Classifieds, Bandra Blogs and Bandra Events
