City
Epaper

Middle class not thrilled, but optimistic: Post-Budget survey

By IANS | Updated: February 2, 2020 08:45 IST

While being hailed as pro-farmer, the Union Budget 2020 presented by Finance Minister Nirmala Sitharaman on Saturday has failed to capture the imagination of the middle class, findings of the -CVoter post-budget poll indicate.

Open in App

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 : "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 per cent.

Interestingly, the budget was perceived as pro-poor by 27.5 per cent, pro-capitalist by 24.9, and pro-middle class by 20.1 per cent 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 per cent 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 per cent.

The respondents were posed queries on 13 social welfare schemes that focus upon water supply to homes, 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.

( With inputs from IANS )

Tags: Union BudgetIans
Open in App

Related Stories

BusinessRajesh Shukla’s Views on Union Budget 2025

NationalUnion Budget 2025-26: A Strategic Outlook for Businesses, Taxpayers, and Compliance

NationalBudget 2025: Big Relief for Salaried Individuals, FM Nirmala Sitharaman Announces No Income Tax on Income Up to Rs 12 Lakh

NationalBudget 2025: PM Narendra Modi Hints Income Tax Relief and Other Special Provision for Poor and Middle Class in Speech

BusinessUnion Budget will balance fiscal consolidation and growth; Capital expenditure likely to rise to Rs11-11.5 lakh cr: Report

National Realted Stories

National'We must stand as one': A plea for peace after the Pahalgam attack

NationalFour of family killed as car hits bike in Madhya Pradesh

NationalBSF intensifies vigilance along India-B’desh border using latest electronic gadgets

NationalDoctors at Bhopal hospital protest against Aruna Kumar's appointment as Director of Medical Education

NationalAreca nuts and drugs worth Rs 1.18 crore seized in Mizoram, two held