The central Government is trying to move closer to the middle class and also the Minorities in specifically with the coming budget.
The elections for the nine states seem to have impacted on the minds of BJP leaders and they have broadly decided that it should be a soft budget and that the middle class and the common man should not be burdened.
The Rashtriya Swayamsevak Sangh is learnt to have urged the government to pay attention to the problems of the middle class in the Union Budget 2023-24 to be presented by Finance Minister Nirmala Sitharaman on February 1.
The BJP leaders along with the RSS leaders opined that there is a need to address the challenges of inflation, unemployment, and inequities through policy measures in the last full year’s Budget of the BJP government. The RSS is learnt to have apprised the government of the expectations of the middle class and the common man.”
We must adopt new technologies but equally we must tweak these according to our needs and culture.”There are representations to the Minister for Finance that the salaried person should be spared in the Income Tax slabs.
There is a demand that income under five lakhs should not be taxed and that it should be Tax-free till 5 lakhs.
The complications in the name of IT and also GST should be reduced to the maximum extent possible the advisors suggested.
But how far the Government will step back is the question. The situation after Corona is bad and the Government need revenue to support the day-to-day activities in the long run.
The centre cannot afford to become Bankrupt in the name of helping the common man and looking for votes in the coming elections.
But one way or the other there is a need for the central Government to please the common man, especially from the Southern region.