People will be relieved if a budget like halva comes

Ahmedabad, Ta. Monday, January 25, 2021

Once the budget is ready, the finance minister carried on the tradition of feeding halwa to his budget team to Nirmala Sitaram. Usually a budget document is prepared and sent for printing. The Finance Ministry team is then kept in isolation for ten days, i.e. until the budget is released. They are not allowed to meet anyone.

This time no documents of Budget are to be sent for printing but everything is online. The budget will be available simultaneously in the mobile and tablet of every MP on February 1. On the one hand, the Finance Minister will seek permission from the Speaker to present the budget and every MP will get the budget.

The finance minister has also developed a budget app that will allow any document to be opened quickly. Everyone is more interested in taxes. The idea of ​​an app on a budget shows that India is rapidly adopting a digital system. Even if the finance minister has given his team a mouthful of halva khavdani, it is certain that measures will be taken in the budget to provide relief to the people so that the sweetness for the finance minister will spread on the faces of the people.

Tension of peasant movement in addition to budget against the government

There are two tensions against the central government. One is to give a light flower budget and the other is the peasant movement. The budget is ready, the halva is also eaten but the peasant movement is getting confused. Farmers are determined to hold a tractor rally on January 8. Eventually reconciliation efforts continue. What steps does the government want to take in the budget. More than that is being asked about the peasant movement.

The government is taking steps for a radical change in the budget but the farmers are holding the government's nose. Farmers seem to have three bills more than the budget.

The stock market will see movement ahead of the budget week

With just one week to go before the Union Budget, there will be a huge movement in the market this week. The corporate results will be released this week, the expiration of the derivatives on Thursday, as well as the federal meeting in the US this week. However, tomorrow dt. The stock market will be closed on January 3. Thus, a short week is likely to see heavy movement in the market.

It may be mentioned here that after the Sensex jumped above 30,000 last week, there has been a continuous retreat. Even today, the Sensex was down more than 200 points. In these circumstances, it would be advisable for ordinary investors to take a cautious stance.