Strategic Budgeting….
- ssoni43
- Feb 3, 2023
- 3 min read
Updated: Feb 6, 2023
If you want to feel the pressure of people's hopes and expectations in this country of ours with a population of 140.76 crores, put yourself in the position of the finance minister of the world's largest democracy. Realization will be realized. It is not possible for the finance minister of any country in the world to please every section. Perhaps this is the reason why Finance Minister Nirmala Sitharaman of the Modi government has presented a budget with measures that will strengthen the foundations of the economy in the long run, rather than populist decisions, despite intense pressure from the hopes and expectations of entrepreneurs, from Aam Aadmi to billions of rupees turnover. Government of India Budget 2023 can be summed up in one sentence - rural, agriculture and social sector focused budget. It cannot be said that this budget will please every section of the society, but this time the finance minister has brought many gifts for these three sectors. From provisions related to the traditional agriculture sector, several new and visionary schemes are mentioned in this budget. Finance Minister Sitharaman has tried to be Robinhood in this budget. He has tried to provide relief to the weaker sections by extracting some money from the coffers of the rich. However, he did not withdraw so much money from the coffers of the rich that they became angry and did not give so much money to the poor that they became dependent on the government. Whenever Sitharaman has had a chance to speak, he has repeatedly said that this slowdown in growth is a temporary blip. He once said that the country is progressing more than the rate of development shows! No finance minister in the world should make such ridiculous statements. The entire BJP high command is lying on the edge of lies to keep Dwimurthy happy and why should Nirmala be excluded? Nitin Gadkari is the most, if anyone, free from the influence of the BJP's habit of not accepting basic facts. Sitharaman's strength is not that what is seen or felt can speak. This year's budget is called Saptarshi. Placing the plank of Azadi's Amrit Mohotsav, Nirmala Devi has wooed the public with provisions including Samman Savings Scheme for women, digital library for children and youth, selection and development of 50 tourist spots, increase in the limits of Senior Citizen Saving Scheme. This time, Rs 2.4 lakh crore has been allocated for railways in the budget. Nirmala Devi has struck a master stroke by performing in Income Tax. The tax applies to every class. For nine years, the tax slab was like this and now the 2024 elections are on, so many changes have taken place. The limit of tax exemption was increased from five lakhs to seven lakhs. Along with the development in the country, the income and living standards of the people have changed. And Nirmala's explanation was also suggestive that people's income has increased, so there has been a change in taxes. GST was also easily swallowed like bubblegum. Of course, one does not know how much Nirmalaji's brahmajana is being imposed by meetings with various industrialists and with various industrial-trade associations, but the incentive package announced for SJI is a conviction that industrialists must be satisfied to win elections. A few days before the budget, Modi had said in his well-known 'Mann Ki Baat' radio program that Indians will test me through the budget. Whether the Modi government has passed the budget exam or not, the people will decide at the right time, but after a long time, hardly anyone can deny that the country's budget is showing some stutter....

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