Expectation from Coming Union
Budget for 2015-16
Everyone in India is waiting for 28 February. Last year in May
2015, modi government came in full majority with great expectation of citizen. People
wanted change and that is the main reason behind that spectacular electoral
victory. In July 2015 this government had passed the budget but that budget was
not reflecting the government’s intention truly. Now after completing 9 months the
government is ready with its full budget. Not only the people of India are
waiting for this event but also foreign media also looking it very carefully.
Prime minister is very well known for hard working and fully
focused man towards goal. Overall feeling across the country since the
formation of the government has been that the government is working for only
big industries and the expectation of poor and middle class have been ignored
by this government. Recently the Delhi election result is showing the emotions
of nation. This budget of Modi government is an opportunity for showing the
path of “ACHHE DIN” means inclusive growth of overall.
Everyone have some expectation from the budget. I am not an
exception and I have also some expectation. Agriculture and rural development
should get proper attention. The fact is that our agriculture production has
declined and there are need to take some steps for farmers and rural families.
The funding for social sector schemes like public health,
education, senior citizens, handicapped people should not be cut. Potable drinking
water for all should also get special attention in this budget. Rain water
harvesting should be encouraged. With highly pitched ‘Make in India’ program
there are need to develop a self-sustaining economy that can fulfill the job
thrust of our country. Within high targeted GDP figure there are need to
develop SMEs and skill development program. Corruption has been the root cause
of all backwardness in this country and there should be scheme implementation
should be in more transparent manner. There should be no scope of corruption.
It means zero tolerance of corruption cases across the country without any
partiality.
Inclusive growth means SABKA VIKAS. 70% rural and village BHARAT
should not be ignored in the name of technology, FDI and industrial growth.
Without growing agriculture one cannot think about strong India. There are many
other sector like police modernization, defense sector, e-governance and to
ensure the delivery of public service need proper budgetary allocation. There
should be increase in tax-exemptions limit with simple tax structure.
Overall I expect this budget will have good provision for the
development of agriculture, job creation, health reform, education, security
and infra sector. The budget should be come with intention of inclusive growth
as they promised in election SABKA SAATH, SABKA VIKAS.
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Warm regards,
Arvind Trivedi
Certified Financial Planner
arvind.trivedi79@gmail.com