Effective politics is driven by an effective economy

Ahmedabad. Thursday, January 28, 2021

The ruling party BJP is giving a healing touch to the people by calling the next budget a game changer. Earlier, the finance minister had said that the next budget would be given in a way that no one could have imagined. There are indications that the budget will bring about a radical change.

There is a problem of peasant movement against the government. On the day of the budget, a group of farmers can hold a season. The government is now calling the budget a game changer to divert people's attention to the budget. There are many challenges facing the government. The biggest problem is the huge deficit. All eyes are on what steps the government will take to alleviate the problem of unemployment and recession.

Ever since the International Monetary Fund (IMF) said that India's growth is expected to be 11.5 per cent in 2021, the finance ministry has been bursting with confidence. V-shape recovery is also expected as industrial production figures and labor participation figures are also positive.

The huge deficit scares the government.

Even though the government says that a budget with a radical change will come, it will be like a game changer, but the hands of the government are tied. The huge deficit is frustrating the government. The government also has very few sources of income. Given the way the government is trying to keep the middle class happy, the government needs more funding.

The government does not see any room for revenue generation. Even if the government imposes more taxes, it could have an impact on the prices of everyday items. Budget experts believe that the government will provide a budget that will not be a burden on the people, but there are no signs that the deficit will be reduced.

Demand for lower medical insurance premiums

There are four days left in the budget. People’s expectations are rising. Drug use has increased during the Corona period. As well as medicines used in various diseases are also expensive. The higher the price of drugs, the higher the tax. A situation has arisen where the middle class cannot afford to fall ill.

There is no substitute for drugs. There is a demand in the finance minister's budget to take steps to make medicines cheaper. It is said that cheap medicines can be very useful for senior citizens. Along with lowering the prices of medicines, there has also been a demand for lower medical insurance premiums.