Jan 26, 2025
Budget 2025: Key Concerns for the Common Man That Need Nirmala Sitharaman's Focus
As Nirmala Sitharaman prepares her eighth budget, people seek relief from high prices, stagnant wages, and job shortages
Rising prices of essentials strain budgets, with a Rs 1 milk price cut offering some relief. Reducing oil import duties could help lower costs
Slow wage growth, especially for non-salaried workers, has reduced consumption, despite rising corporate profits
India’s economy is expected to grow 6.4% in 2024-25, slowed by low government spending on infrastructure, affecting growth and job creation
Job growth remains slow, with many staying in rural areas. More investment in labor-intensive sectors and small enterprises is needed
High taxes burden lower- and middle-income groups. Reducing import duties and income taxes could provide relief
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