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 .
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