'Aam Aadmi' Expectations Run High On Budget 2015

BANGALORE: India is awaiting eagerly the Union Budget to be unveiled on 28th February. Union Budget in India forms a significant part of the country's economic policy. It would be an important moment for addressing and strategizing the economic issues of the country that is strongly merged into the global economy.

The $2.1 trillion Indian economy is amidst rapid progression and is all set to achieve more growth. This year is important in particular as the country witnessed a decade of loss under the UPA government and now all eyes are set on how the new government would lay the foundation of a strong new Indian economy.

Racing fast along the wave of urbanization, Indian infrastructure is making strides. Citizens here are looking forward to the Union Budget and the expectations are high. It’s time for Modi’s league to deliver all what they had promised during the Lok Sabha polls.

Commoners expect that the government would come up with substantial policy changes that would make their daily lives better. Although the FDI reforms by NDA have boosted the assurance of the investors, it had got nothing to do with the common man.

The people, not concerned about the basic facts of the business sphere, are expecting the government to work on inflation, education, taxation, real estate and many more.

The declining domestic savings rate is an issue of concern for both the government and the citizens. The rate of savings should witness a growth by 5 percent in order to lift the GDP by 7-8 percent.

The people count on the government to realize the “Make In India” slogan by enhancing tax exemptions, raising allowances for transport, increasing rebate on home loans, subsidy to farmers, focusing on women and senior citizen’s concerns.

Here’s a list of changes that common man expects to see in the Union Budget 2015, reports Zee News.

Read More: PM Has Shown He Is A True Federalist By Empowering States: BJP
27 Indian Satellites Currently Operational: Govt