The middle-income group has termed the Budget progressive, even as they mention in the passing about lack of change in the tax slab.
A.K. Srivastava heads a family comprising his wife Poornima, daughter Priyanka and son Mohit. Ms. Srivsatava is a homemaker. Priyanka is an engineer with a government undertaking, while Mohit is preparing for competitive exams and takes tuition.
Mr. Srivastava, who is now retired, is happy with the Budget, which he says is in the larger public interest.
The monthly income of the Srivastava family is around Rs.1 lakh, while their monthly expenditure is 60,000.Welcoming tougher laws on black money stashed abroad, he however says the government should not miss out on black money within the country.
“We want the government to do something about domestic black money. Much of the problems of the poor and middle-income group will be solved, and more jobs generated if this issue is looked into.”
The family is united on the issue of inflation and hopes it will remain under control. The family stays in a rented apartment in the posh Vasant Kunj. The younger members of the family also believe the Budget is pro-poor and will also improve education in the country.
On the same lines, Nitin Jain, a senior professional with a multi-national telecom company, termed the Budget “progressive”.
“The budget is progressive, but all benefits are for businessmen,” says Mr. Jain, who earns Rs.1.5 lakh per month.
“More money should come not just from individuals but also businesses. With this Budget, big businesses seem to be benefitting,” he adds.
