India's FM paised budget.
Today on February 1 India's FM Nirmala Sitaraman paised budget 25_26.But after perusals from Media source the gist comes only 35% people will get cream rest 65% people can not get any benefit.
In india out of 140 core citizens only 10% people are filing IT return in our country. Yes this IT slab corrections will help bureaucrats like class one and class two, big business doers but not small retailers.
In our country 65% people are not eligible to pay Income tax.
Here there is nothing about direct tax matter. There is nothing to reduce price hike. There is nothing about food subsidies. There is nothing to reduce the price of fertilizer and pesticide.
Yes tourism carrying capacity development purpose 20k core has been declared, For atomic energy purpose 20k core has been declared, for urban development 1lakh core has been declared, for civil aviation 4core air busses will be included but no direct and indirect benefit will come to the 65% people.
Another side PAN card will be compulsory which will impose stress on 65% people.
But a good thing in this budget that state will get 50 years interest free loan.
To motivate Nitish Kumar and Chandra Babu Naidu green field air port in bihar and EV battery manufacturing have been included. But in gist boldly it can be said in this budget 65% people can't get any direct and indirect benefits. Oil on oil mongers head became the fact again.
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