Union budget of India–impact on the masses:
It was D-Day yesterday in relation to history of Indian politics when the union budget for the current year was presented on the floor of Parliament by the Finance Minister Arun Jaitly. The people of the country popularly recognise the budget as ‘Modi Budget’ supposedly based as it was on the radical initiatives launched by the Prime Minister Narendra Modi after he took over as the new Prime Minister of the country replacing his predecessor Manmohan Singh. No budget is ever fool proof nor it can ever be expected to satisfy each one but a bird’s eye view amply reveals that it was one of the best budgets ever presented in the given circumstances. Experts in the field can come out with lot many implications, and genuinely so as budget is grotesque most an area, but a plain look at it from common man’s view point shows enough of an indication that it is a the one pro them. Relaxed housing loans, raise in income tax limit with more relaxation in the case of senior citizens are a few examples that directly suit both middle class and lower middle class. Parties in the opposition had no cogent grounds to point out lapses in the budget except that the resources to finance the budget proposals have not been adequately spelt out. Overall the budget proposals are positive, need based and quite compatible to various plans and projects the government has in hand.