ur opinion on indian budget 2018
Answers
Answered by
0
Heya!!! ✌️✌️
Here is your answer dear....
the country’s economy facing its worst slowdown in at least half a decade. While macroeconomic shocks such as demonetization and the implementation of the goods and services tax (GST) are likely to have contributed to the slowdown, its roots lie in the decline of investment in the country. The big question, then, was how the budget might address issues arising from job contraction in the informal sector, the slowdown in manufacturing, and increasing distress among farmers and lower middle class citizens.
In a budget you take from some and give to others. So who gives and who takes is where we should be looking. The challenge is to take enough from the nearly 15% of the population – or about 200 million people, comprising 40 million families – liable for direct taxes, without causing them too much dissatisfaction. This action should, simultaneously, do enough to blunt the edge of popular anger among the 60% who make little more than a subsistence income. This demographic accounts from 700-750 million people, or 150 families. These are the people who have been largely been bypassed by the huge growth gains made in India since 1998.
I HOPE THIS WILL HELP YOU OUT.....
HAVE A GREAT DAY DEAR.....
#Bhavana ☺️
Here is your answer dear....
the country’s economy facing its worst slowdown in at least half a decade. While macroeconomic shocks such as demonetization and the implementation of the goods and services tax (GST) are likely to have contributed to the slowdown, its roots lie in the decline of investment in the country. The big question, then, was how the budget might address issues arising from job contraction in the informal sector, the slowdown in manufacturing, and increasing distress among farmers and lower middle class citizens.
In a budget you take from some and give to others. So who gives and who takes is where we should be looking. The challenge is to take enough from the nearly 15% of the population – or about 200 million people, comprising 40 million families – liable for direct taxes, without causing them too much dissatisfaction. This action should, simultaneously, do enough to blunt the edge of popular anger among the 60% who make little more than a subsistence income. This demographic accounts from 700-750 million people, or 150 families. These are the people who have been largely been bypassed by the huge growth gains made in India since 1998.
I HOPE THIS WILL HELP YOU OUT.....
HAVE A GREAT DAY DEAR.....
#Bhavana ☺️
Similar questions