Budget will cut prices, provide relief to low-income groups, hope people

BHOPAL : The Common man, already reeling under the impact of hiked railway fare and freight, expects some relief in the union budget, which Finance Minister Arun Jaitely will present in Parliament on Thursday. It will be first budget of Narendra Modi government.

Modi’s finance minister, Arun Jaitley, is expected to outline a comprehensive plan to boost economic growth by reviving investments and narrowing fiscal deficit. It will be first glimpse into the framework of the new government’s economic agenda for the coming years. Containing inflation and consolidating the government’s finances hold the key in boosting India’s under-performing economy.

Akhil Bharat Vyapar Mandal general secretary Anupam Agrawal said, “We have big expectations from the union budget. The Union government should take prompt initiatives to check or discourage futures trading (Vayada Bazar). People are already facing brunt of hike in fare and freight in railway budget.

Now, budget should be such that it would check the inflation. FDI should not be allowed in retail. Mall culture is very dangerous for market as it ruins retail sector. Union budget should focus on it”.

Jewellers Association president Mukesh Goel said, “Railway budget was a big

setback for the public as fare and freight were increased. But we expect relief from union budget so that prices of essential commodities may go down for common man. At present, budget should focus on persons whose monthly income is Rs 5000″.

MP Alok Sanjar said, “The first budget will provide relief to common man. That is my hope. In Railway budget, there was need to arrange the fund to put the Railway on track of growth and ensure facilities for passengers. There will certainly be measures to check the inflations. It will be pro-development budget”.

Confederation of All India Traders (CAIT) vice president Radheyshayam Maheshwari said, “After 65 years of Congress misrule, which destroyed the country, we have big expectations for pro-development budget from Modi. It will be fantastic budget for common man”.

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Free Press Journal