What do you think of the Budget?
This Budget is an important milestone in restoring India on the 9 per cent growth path. The changes in income tax slabs are welcome. The budget is expenditure-driven given the need to provide a push to consumption.
What were your expectations?
I was hoping the middle class and the masses would benefit from the Budget. There should be a long-term strategy for inflation control instead of stop-gap arrangements.
Have these expectations been met?
Yes. The Budget is encouraging due to its focus on infrastructure, education, agriculture, irrigation and social security schemes.
Any particular concern?
The government needs to strengthen its delivery mechanism. Inflation in basic necessities is a concern as it affects rich and poor alike. Despite the Rs 22,300-crore allocation for health care, more could’ve been done.
How has the Budget affected you personally?
I will definitely think twice before spending on any luxuries. The price escalation of cars, TVs, ACs, jewellery, etc will also have an adverse impact.