Im preoccupied by the conclusion that I derived for myself after analyzing what budget has for people like me. Sounds strange but im convinced with these “Budget does not really matter to a normal salaried employee like me.” Our financial minister(for that matter off course any politician cum economist) knows how to play dies near the hearts of middle class people. Above 30% of Indian citizens (im here referring to the ones who are below poverty line and/or uneducated) do not bother to give a thought about what budget is and what is in it for them.
Remaining comprises of two categories of people.
First being the Cattle of our nation i.e. Middle class people.
And the second group I refer as compass of the our economy
When I was referring middle class people as cattle, I had in mind that cattle carries any load without even bothering about what load it is carrying. It adjusts its own pace when the load increases or decreases. Likewise even us, being the cattle of our economy we bother only about how much load we carry than what we are carrying.
Hence Budget gets nothing but the change in load and we adjust our pace accordingly.
When Budget 2010 is considered though it appeared like we are getting benefited, owing to finance ministry to intelligence our gain leveled ground again.
Someone might just question what about new scheme? Are not we going to get any benefit out of it? Yes we are directly but the profit has been an invariant though you apply any budget to it. Indirect taxes, Petrol/Diesel price hikes, plausible food price inflation and to mention so many, will draw frown lines by erasing any left over smile which new tax scheme has gotten for you.
Am I sounding Pessimist or like the one in opposite party?
But if you are ready to set aside all your pain in your buns then, we can say this budget as growth oriented budget and proudly pat our finance ministry for that.
While concentrating on less deficit and investing on as many sectors as possible, budget tries to move the country towards development. Considering the focus on Healthcare, Slum rehabilitation, Education, Infrastructure, Power, renewable energy and other key sectors one would easily see the development of country in the eyes of Pranab, our Hon finance minister. (Sorry he wears spectacles most of the time)
Now the other category called the Compass comprises of people who have are directly affected by budget. Their directions change in the direction of our economy (partly subjected to the effect of global economy) and our finance ministry moves as the Compass directs it. Let me not dig about it (at least for now).
“Comfort” for everyone and development of nation must not be the two sides of a coin.
Hope future has a day in it, where I can say our GDP is in double digits still my contended heart sings with it.
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