Yuva-vani.com
The Union budget has finally been
appeared as ‘pro-active’, as described by the Prime Minister Narendra Modi, and
more realistic budget. Although, several stimulus and other provisions have
been made for at least four times during the period of Corona but several
provisions have been made to provide growth to the economy, rather than
concentrating on fiscal consolidation.
Some of the new incentives
like tax holiday for the start-up for one year, big budgetary push for the
vaccination programme to eliminate Corona and agricultural growth can be catalysts
for growth in such a difficult period of pandemic.
Finance Minister Nirmala
Sitharaman says that vision is to provide growth to the economy at the moment
and not prudence. The major areas of concentration are including health,
infrastructure, agriculture, roads,
housing, education and skill developments.
Middle class and salaried
class may not be happy as no changes have been witnessed in the tax slabs. But,
initiatives like opening of new schools and military schools may be some new features
of the budget this year.
(A pvt. initiative)
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