Narendra Modi-led NDA government is all set to present its first full fledged Union Budget 2015-16 in the Parliament on February 28. With expectations running high, Union Minister of Finance Arun Jaitley will table the General Budget 2015-16 in the Lok Sabha. With Union Railway Minister Suresh Prabhu presenting a ‘passenger centric’ railway budget, earlier on Thursday, demands from the government has only sky-rocketed. (Also read: Railway Budget 2015: Suresh Prabhu’s 15-point master plan to transform railway services in India)
The interim budget passed by Arun Jaitley in July last year signaled that the Modi government is striving to work for economic reforms, bitter or sweet, but surely not taking the route of populist reforms/announcements. The talking point of this year’s General Budget is, ‘Will the Narendra Modi government announce economic reforms and fulfil their promise of their promised ‘Achche Din’?’
The Income Tax slab remains the centre-point of a common man, every time a budget is announced. People look up to the government to reduce inflation and make the daily-use items available for subsidized rates. The possibility of petrol and diesel prizes rising remain a concern, despite the crude oil prices being reduced globally.
With only 48 hours left for the General Budget to be tabled in the Lok Sabha, we take a look at what the people of India have been expecting from the BJP-led Central government.