Like last year, Union Minister Nirmala Sitharaman will present the Union Budget for FY23 in the paperless form at the Parliament on February 1. The Budget will also be available on a bilingual mobile app after it is tabled in the Parliament to provide easy access to all the stakeholders.
Due to Covid, people are facing a financial crisis. They have great expectations this year from the Modi government.
Let’s take a look at what ‘Aam Aadmi’ expects from Budget 2022:
- Organizations working for the welfare of senior citizens have demanded an increase in social pension to Rs 3,000 among other demands ahead of the Union Budget 2022-23.
- At present, women are not given any separate exemption in income tax. Before 2012, women used to get more exemption in this case than men. When Nirmala Sitharaman will be presenting the budget on February 1, 2022, many women will be looking at her with anticipation. Women expect equality and job generation.
- Due to Covid, people are working from their homes. This has raised their monthly expenditure. They want some relief to be provided by the government in the form of work-from-home allowances.
- The Government should immediately come out with a larger economic package aimed at bolstering demand, investment, exports and employment generation to help the economy, including MSMEs to recover from the pandemic fall-out.
- The central government should re-assess its ministry-wise allocations, and increase spending on social and economic sectors to boost aggregate demand in the economy.
- 1.25 Crore candidates are fighting for the recruitment of 35 thousand posts in the Railways. The youth of India expect placements from Modi government.
- Pharma Industry wants more incentives should be given in order to promote Research & Development.