Categories: Allahabad

Traders, residents provide a mixed response to the budget

Prayagraj: Following the Presentation of the UNI budget for the next financial year by Nirmala Union Finance Minister Sitharaman at Lok Sabha on Tuesday, there was a mixed response from people throughout the city, reported Rajeev Mani.
After the budget presentation, TOI spoke with stakeholder cross sections that asked their reaction to the budget.
Commenting on the budget, the president’s Confederation of all Indian traders (CAIT), Mahendra Goyal said, “Seeing the entire budget, it seems that the whole focus of the government has been in the infrastructure in the country.
By connecting farmers through 75 digital banks, farmers will be financially strong and will Having more money to spend and therefore, sales on the market will increase.
“He added that providing a refund facility that was changed in income tax was a big step.
The government should provide assistance to traders such as companies.
Investment in Infra will facilitate transportation of goods, which will reduce costs and increase trade.
With the launch of a digital currency by RBI, the public will have trust in the currency of Crypto.
However, it was disappointing to see that nothing was done in the budget to reduce inflation.
As expected by traders, the government can make a big announcement under GST.
3, 5 and even 25 years.
The fiscal deficit, not only is still at a serious level and has really increased further, which is a large concern area “.

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