Monday, 2 March 2015

The budget -2015



We have read and listened to the elaborate discussion on the budget presented by experts , and people representing  different sectors . The corporate sector is happy But to the real   estate sector , the common man and to the  farming sector this budget is a huge disappointment. The real estate sector is  very unhappy since, it has not been considered as part of infrastructure and the increase in the service tax to 14% will prove to be quite burdensome to the home buyers though it is  the largest employment provider and second largest GDP contributor to the Indian economy,. The common man is going to be over burdened by higher freight  rates of railways, excise duties, fuel prices.-and the  service tax. This budget has not presented any mechanism to save the farmers from their terrible economic strains. More over ,Huge reduction of funds for the Union government-sponsored projects in the Budget is going to affect the state finances .    

No comments:

Post a Comment