The General Budget that will be presented today is important for public in various terms after the Union Government decision to scrap old Rs500 and Rs1,000 currency notes in November 2016. The expectation of people from different fractions of society especially of the females is soaring high after the demonetization chapter that as eventually increased their anticipations in various segments.
From homemakers to scholars to business women, every individual is expecting for an ‘aam adami’ budget covering tax rebates, large share in women security and safety, simplification in tax slabs including various schemes for students with special focus on tax reimbursements on education loans. With list of demands, the major chunk of the total population that comprises women are hopeful about some major transformation boosting both economy and bringing some major change in different sectors enfolding their requirements.
“Besides the tax rebates, this year we expect that no new taxes will be implemented for the convenience of the tax payers giving respite to the service class people. After demonetization, we expect that this year commodity prices will be decreased alleviating the need of people,” said, FJCCI, Treasurer, Soni Mehta.
“limitation in tax slabs must be increased to ensure equality and fair participation of public in nation’s development. In addition, government must wake up and must give priorities to women safety and security issues. Through ‘Nirbhaya’ fund a major share is allocated for women security but its implementation part is yet to be assured by the government,” added Mehta.
Similarly, the impact of the budget is always directly proportional with women expenditure that is essential in fulfilling different household chores. Housewives prospect on the general budget is equally high especially when it comes to managing their kitchen, household supplies and other stuffs in different circumstances.
An ample number of housewives said that the government must adopt some concrete measures to keep the ever increasing inflation in check. “The price of kitchen commodities has risen up in the past decade. This needs to be checked on priority basis. The price of gold that has shown substantial rise in last few years must be brought down,” said, Rita Das, a homemaker.
In addition, youths that plays a key role in formulating decisions for the development of the State and adding on to the existing human resources in each sector are keeping their finger crossed for this year’s union budget that can bring bunch of surprises for them.
“As a student my priorities will always be on larger rebate on interest on education loan as higher education technical education continues to be an expensive component for the average middle class youths. Moreover, more centers of excellence institutions should come up in small cities as well to promote central governments ambitious schemes like skill development, start -ups that will be also helpful for assisting and aspiring the rural youth to move on correct direction,” said, Priya, a second year Economics Honours student.