Budget

This is first full budget of this government in second term. I think they would go ahead to please sections that they have been criticized for.  So farmers would be their priorities.  I would wish for them to push the tax exemption limit.  That would be good for youth. 

There already was an interim budget presented in February,  so my own feeling is that they would take it from there because the implementation is yet to happen with many of the new proposals.. 

Savings schemes will be increased is what the news Articles are pinning on.

Income tax slab seems to be in the same position as the tax collections are reducing and not reaching the target though not by big margin.

I think increasing Savings scheme related sections limit, especially the 80C is very important as it is in this space that many people claim LIC and other savings schemes deductions. The limit of 150000 is rather less for a government which is looking to increase the importance of savings for it's citizens.

Arunima Singh wrote:

This is first full budget of this government in second term. I think they would go ahead to please sections that they have been criticized for.  So farmers would be their priorities.  I would wish for them to push the tax exemption limit.  That would be good for youth. 

I am agree with you. To increase demands we must have more money is hand. For it tax exemption must be increased up to 5 lack.

Whatever the budget and rebates but the emphasis should be on how to keep prices under control! The shopkeepers are taking undue advantage so there should be a provision of maximum retail prices of pulses and grains published every morning in all newspapers. There should be a rule against hoarding and it should be supervised strictly. They should also see that no middleman stands in between producer and consumer.

The rates of leafy and other vegetables have soared very high in Telangana, must be due to lack of rainfall.

I think there should be some environmental expenses deductions available, such as for making provision for Rain water harvesting, using Solar panels, using E Vehicles, all the expenses on these renewable sources of energy must be deductable expenses from the Gross Total Income, then the environment will improve atleast by some margin.

The last tenure of Modi government could keep a good check on inflation.  Hope they continue with it.  I totally agree with Sunil that strict action should be taken against hoarders. 

suni51 wrote:

Whatever the budget and rebates but the emphasis should be on how to keep prices under control! The shopkeepers are taking undue advantage so there should be a provision of maximum retail prices of pulses and grains published every morning in all newspapers. There should be a rule against hoarding and it should be supervised strictly. They should also see that no middleman stands in between producer and consumer.

It is right that middlemen are taking undue advantageous. Farmers are not getting fair price of their crops and consumer are paying more. If we check whole sale price and price at which it is available to customers, it is almost double.

Primary education in our country is really poor.  Hope a good amount is allocated to improve it especially in remote areas.  And hopefully this money is properly used and tracked.  Our country badly needs good primary education for free or at least at an affordable rates for poor. 

Arunima Singh wrote:

Primary education in our country is really poor.  Hope a good amount is allocated to improve it especially in remote areas.  And hopefully this money is properly used and tracked.  Our country badly needs good primary education for free or at least at an affordable rates for poor. 

Government is giving enough in government schools. Free education, breakfast, mid-day meal free books. Well qualified teachers. I think it is enough. But the mind set of peoples is to join private schools. 

I think government schools are enough in number as Anil said, though I am not aware of the statistics.

I think that girl educations is something government should focus on.

In my own state several government schools have been closed down because there are not enough students and due to lack of facilities.  Instead of increasing the number the state govts should concentrate on improving the ones already existing.

The UP government announced that there will be no separate education for girls and boys in government schools up to 8th standard. Both male and female teachers will be teaching in these junior high schools from now on and this will certainly increase the number of students as girls had no schools in many suburban areas.  

epraneeth77 wrote:

I think government schools are enough in number as Anil said, though I am not aware of the statistics.

I think that girl educations is something government should focus on.

It is right that number of government schools are much more than private schools. Here in Rajasthan most of villages have primary and upper primary schools. Government is doing for girl education. Most of primary and upper primary school have separate toilet for girls and government also giving cycle to girls of 9th class. 

suni51 wrote:

The UP government announced that there will be no separate education for girls and boys in government schools up to 8th standard. Both male and female teachers will be teaching in these junior high schools from now on and this will certainly increase the number of students as girls had no schools in many suburban areas.  

Here in Rajasthan all middle and primary school are of co education. To open school is small villages co-education school is must. It is not possible to enroll enough student if they are separate for boys and girls.

It was disappointing to see that there were not many things for farmers or for employment.

Relying on Startup India or Make in India has not produced many results and hence something else was expected for the employment, sadly none were there.

For farmers as well there was nothing at all.

epraneeth77 wrote:

It was disappointing to see that there were not many things for farmers or for employment.

Relying on Startup India or Make in India has not produced many results and hence something else was expected for the employment, sadly none were there.

For farmers as well there was nothing at all.

I think most startups fail because the owners fail to be consistent in their performance or have not thought of the plan thoroughly in the beginning phase itself. Other than that, the budget looks quite okay. As far as farmers are concerned, I doubt if government can do much more as they are already getting quite a lot of subsidies and allowances, but the farmers themselves need to take a look at the farming practices seeing that there is an obvious shift in rainfall patterns.

@Kalyani - very true, I am not against facilities to farmers but farmers will have to adapt the modern technologies and multiple crops like in many developed states of our country and have to utilize the funds provided by government in modernizing their way of agricultural produce. If the wish to earn more they will have to learn how to take maximum advantage and not remain on the mercy of government or Nature. I also suggest government to provide them maximum help in adopting new methods according to their area and climate.

suni51 wrote:

@Kalyani - very true, I am not against facilities to farmers but farmers will have to adapt the modern technologies and multiple crops like in many developed states of our country and have to utilize the funds provided by government in modernizing their way of agricultural produce. If the wish to earn more they will have to learn how to take maximum advantage and not remain on the mercy of government or Nature. I also suggest government to provide them maximum help in adopting new methods according to their area and climate.

True Sunil modern methods need t o be implied for which I think, government does give help and support. Also, since we are seeing an increasing scenario of failed seeds which are bought from multinational companies like Monsanto, the farmers need to turn back to the ancient knowledge and plant mainly indigenous desi varieties, the seeds of these varieties are 100% viable and never fail during the next crop season much unlike the seeds produced by the MNCs. There is one lady named Rahibai in Ahmednagar, Maharashtra. She is an illiterate woman but vey conversant with traditional farming methods. For the last few years, she has been taking efforts of planting and conserving desi seeds and has also started a seed bank of exclusively desi varieties. Lessons could be learned from the lady.

epraneeth77 wrote:

It was disappointing to see that there were not many things for farmers or for employment.

Relying on Startup India or Make in India has not produced many results and hence something else was expected for the employment, sadly none were there.

For farmers as well there was nothing at all.

This budget focused on Village and farmers. Better road in villages, zero budget farming. Zero budget farming is solution of most of problem of farmers. If government focus on it that farmers need not to take loans from banks.