Arun Jaitley Presented A Pakoda Budget With Hajmola Schemes Ignoring The Average Tax Payer
×
Hero Image
People

Arun Jaitley Presented A Pakoda Budget With Hajmola Schemes Ignoring The Average Tax Payer

Twitter took it very seriously.

February 1, 2018

Article By- FT Crew

Home/People/Arun Jaitley Presented A Pakoda Budget With Hajmola Schemes Ignoring The Average Tax Payer

Today's morning gave the news channels a hot topic to rebate and debate. In fact, if you switch on the television set at this very moment, you will find only one thing being discussed - the Union Budget.

Our very own Finance Minister, Arun Jaitley announced the 2018 budget, which is not so different from the previous ones. The lower class got subsidy, the upper class got rebates and the middle class once again got just debates!

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget
link

The budget has unveiled the world's largest healthcare initiative, through which 50 crore people would get free health care benefits up to INR 5 lakh per family. It has also increased the MSP(maximum selling price) of all crops by at least 1.5 times the production cost. The corporate tax rate has also been cut down to 25%.

But wait. Is there anything that benefits the majority of middle class Indian? Sadly, no. Budgets in India may be good or bad. But, they got nothing for the middle class. This one is 'Pakoda Budget' with 'Hajmola Yojnas'.

The budget proposals should have been bold and radical. Unfortunately, they are a big let down.
- P Chidambaram

This ignorance of the middle class in the financial budget is an evident proof that FM deliberately failed the fiscal consolidation test. Here is how Twitter responded to the Annual budget, showing its anger and frustration.

1. Don't be a salaried person

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

2. Stop driving cars and bikes

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

3. Pakoda making is still a bad option

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

4. Forget digital India

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

5. Jobs still not there

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

6. No need to have a toilet

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

7. Stay away from cryptocurrencies

8. But, move out of the middle-class

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

9. Thank god that it was their last budget

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget, middle class nt happy with budget, middle class reacts to 2018 budget, arun jaitley smothers middle class, bjp for india, details of budget 2018, middle class ignored in 2018 budget, feeding trends, feed trends, feeding trendslink

There were a lot of expectations from the budget but the budget only gave the middle class a lesson to stop expecting. With the focus on farmers, BPL citizens, promoting SMEs, the New India Budget is a 'pakoda budget' for the common man.

Politics, Finance, Indian economy, Financial budget 2018, annual budget 2018, budget 2018, new india budget
link

There is no tax relief to the average tax-payer. There was nothing in the Budget to boost private investment. There was nothing in the Budget to encourage banks to lend, and investors to borrow, for new investment.

Do you think they can run this country by slaughtering the middle-class and giving freebies to the poor and rebates to the rich?

ADVERTISEMENT

You May Also Like

ADVERTISEMENT

ADVERTISEMENT