The denizens of Hazaribagh, the town of former Finance Minister Yashwant Sinha, welcomed the budget presented by FM Arun Jaitley in the parliament today. A large number of denizens who belong to the salaried class expressed their joy on the relief given by FM on income tax. The business class of the society also looked happy on the exemptions given by the government and provisions made for them.
BP Rukhaiyar, lecturer, Annada College, termed the budget as ‘progressive budget’. The effects of this budget will certainly bring the good days, the boom in share market is a sign of it, he added. Primary teacher Sanjay Kumar said that after long wait the salaried class got relief, though it is less than expectations but Modi and Jaitley has proved through this budget that every section of the society is in their eyes.
Rajendra lal, President Chamber of Commerce, categorised the budget as better one. The provisions of long term loan, increase in income tax range, more relief on interest, curtailment in CST and other measures will certainly increase flow of money in market which will be beneficial for business class, he added.
Peasant Tukeshwar Mahto, small contractor MK Verma and others said that they are yet not aware about the measures taken by the government in their interest so they are not in a position to comment on it but both hoped that Modi government will keep its word of checking inflation.
Students Abhinav, Abhishek and Uttam, who are preparing for next year IIT-JEE said that government is going to increase the number of IITs which is a good news for us. As per TV captions we came to know that prices of shoes, laptops and other such items of our use will come down so we can say that it is a good budget, they added.
On the other hand reaction of leaders belonging to different political parties was as expected. BJP district president said that this budget will certainly result in all round progress of the country. JVM vice president Dr. KP Sharma said that Jaitley has given a lollipop to the salaried class but actually it is a budget for big corporate houses.
Ex-MP CPI’s BP Mehta termed the budget as anti-labor and anti-peasant. RJD’s district president Bhuvaneshwar Patel and Congress’ district president Vijay Yadav also criticised the budget and said that nothing has been done to keep the rate of inflation in control.