'Pro-farmer' budget fails to thrill middle class: Survey - watsupptoday.com
'Pro-farmer' budget fails to thrill middle class: Survey
Posted 02 Feb 2020 02:50 PM

Source : India Tv

Union Budget presented by Finance Minister was hailed as being pro-farmer. A survey carried out by IANS-CVoter post-budget poll, however, indicates that the budget has failed to capture the imagination of the middle class. The poll compiled people's responses to a series of questions aimed at measuring popular perception about the Union Budget in the context of issues such as the economy and employment.

Yashwant Deshmukh of CVoter told IANS: "People are fearing that monthly expenses are going to go up. Less of savings, more of expenses. More or less, people are satisfied."

Net approvals ranged from a low of 10.7 on the budget's ability to boost employment in the country, to a high of 44.1 on the pro-farmer initiatives undertaken in the budget.

The net rating for sentiment on improving the economy hovered at 31.8 percent.

Interestingly, the budget was perceived as pro-poor by 27.5 percent, pro-capitalist by 24.9, and pro-middle class by 20.1 percent of respondents.

The poll results show that the government's social welfare initiatives in the form of several schemes are gaining traction with the lowest net approval ratings measured at 34.5 percent for the government's plan to operate 150 private trains.

The government's plans to eradicate tuberculosis (TB) from the country by the year 2030 received the highest net approval ratings of 79.9 percent.

The respondents were posed queries on 13 social welfare schemes that focus on water supply to homes, the establishment of hospitals in district headquarters in private-public mode, FDI in education, solar pump schemes for farmers, increase in income tax exemption limits, etc.

The survey, conducted on Saturday immediately after the budget presentation by Sitharaman concluded, had a sample size of 1,200 respondents from all demographies.

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