Middle class was foolish to put all its eggs in the bjp basket. Actually Chidambaram’s budget with its removal of capital gains was better for the middle class.
The fact is BJP never cared for the so called Middle class because the so called middle class never really voted BJP for less taxes, development, infrastructure. The sole moto of the so called middle class voting BJP was Hindu Rashtra, communal hatred etc. For the last 2 terms people voted BJP for every issue other than the core issues. So BJP is doing a great job.
as a working couple, my wife and I together make 8 digit annual income. direct and indirect taxes ensure govt ends up the crorepati. waste of time working hard. what a moronic govt - they levy tax on food, health insurance, necessities when inflation is killing everyone. heart goes out to those who are barely surviving. this GST nonsense has gone way out of hand. Modi can forget next election, so can BJP. Hopefully country isn't sold to A1, A2 by then.
Better it goes to A1 & A2 rather than VM, MC or NM. As regardstaxes this same GST was known by another name - VAT and prior to that as ST. No need to speak like the " angel of death". If CAACTI wins Pak will carry out 26/11 with impunity and China will tale over Arunachal Pradesh & Sikkim by contributing to the Rajiv Gandhi Foundation. CAACTI - Corrupt Anti-National Anti-Hindu Congress Treacherous "I"
Maturity is when you realize that corporates are friends of both sides. It is only middle class that has no friends and are kicked like a football from one camp to the other, during every election - like a 🐕.
Atleast Rahul Gandhi has talked about middle class. We need substantial increase in tax-free income i e. Increase the income tax slab atleast to 10 lakh with 0 tax. Let us hope that Congress will do something
Don't hold out any hope with any political party in this country. When they are in opposition, they rant about all the taxes imposed by the ruling party, but let them come to power and they will do exactly the same with some tweaks. A good case in point (which I have already highlighted here before) is how the Congress increased the price of fuel days after the election results in Karnataka. All through the campaign they swore at the BJP about the high cost of living, then what have they done in their own State!??
One observation... when Congress imposes these taxes (they were not ,of course) or gets into corruption, there will be lot of ruckus and movements.. CII benefit on capital gains was given by them. They didn't impose tax on Long term capital gains in stock market when they were in power.
Tax burden on middle class is extremely high. Full implication of these taxes will gradually sink in, which is when middle class will realise the folly of voting for PJP.
Even in Delhi is same. Some are awaitted. * Bad days ahead * Leaking rain water in parlament , leaking water I Ayodhya Rama temple. *collapsed Delhi air port. * Collapsed Jabalpur air port. * Collapsed Rail stations. * Collapsed Bridges. * Collapsed National high ways in NE. * Now few more
You have spoken the real, exact facts regarding middle class sir. Especially why we purchase or sell a house or anything. Nobody has talked about this. Thanks 🤝
Sir, It is the middle class who voted the BJP to power. They wholeheartedly supported the extreme Hindutva in the hope that they will reap National Security, High Prices, Wilful sacrifices for building infrastructure, and international pride. The BJP promised all this and have delivered it also.They willingly endorsed the sentiment that Hindus are in danger, that grand statues and even grander temples are essential for this country, never mind the poor education standards, the poor condition of our healthcare system and we can also do without two meals a day, no sacrifices are too great to make this country a vishwaguru. Lets have a circus. Why crib about the taxes. They should tax even more. The middle classes opted for Taxes like Sweden and life like Somalia! Now they have got it for sure.
Most middle class voted Facists BJP due to media jingoism ,that's include I.T.cell & WhatsApp universities (As Development Ka postmorterm hogaya) (Aap pooche!)
And perhaps keeps women occupied outside the home rather than work as robots in the Breeding factories dominated by men. Male contraception must be rigorously enforced. Some health clinic worker claimed women are the ones who are superstitious and feel vasectomies somehow compromise men's health. Welcome to educated India.
True you have a point of view. Freebies are not good and development suffers. But in the name of development 40% to 80% goes to the pockets of a few but here all poor middle class people enjoy the freebies. So better freebies than guarantees
For the middle class, it's a NO GO...elections and budgets come and go. We the middle class struggle daily, pay taxes, cast votes and then do it all over again and again. Middle class is the chutney, the Sandwiched class
I was born in Kerala brought up in Tamilnadu travelled to Karnataka Gurgaon delhi and Mumbai. Tamilnadu is a heaven for studies and exploring opportunities which involves significant application of brain and get diverted by Tollywood
The so called educated middle class get more into all propaganda faster than the village people. The middle class think the development of a country is just infrastructure, they fail to understand the money is getting accumulated by less than 20 biggies in the country who are not generating the jobs that smses where doing
Earlier when I am down with fever or some minor illness My expenses with doctor was 100 Rs consultation fee and 100 rs medical expense Now 500Rs is for Consultation and Rs.500 For medication
just imagine from tomorrow all politicians became honest and sincerely start to serve the people without fighting for power how many years it will take our nation to see people live in peace and live a decent life.
Every Indian is responsible for corruption/bribes. Starts in the family parents tight grip on children even as adults expecting Respect = money/financial assistance for themselves/their siblings till death. Recent case of Smriti in Delhi whose in-laws went to the media/relentlessly vilified her/many comments suggested that children must care for parents. In the West govts. are responsible -little wonder Indian passport ranks 82 nd Commenting on my own experience although my widowed mother till her death financially looked after her extended family. But was taken to the cleaners by her family. Chose to live in the UK and my analysis on this toxic mindset of "Families" must change. Respect every individual
In Karnataka at least all middle class is benefitting by free bus and electricity 200 units Our state tax is ruined by the Center giving it to politicians, UP, Bihar Who are developing from the time of independence
I am very surprised by the way Mr. Om Birla's handling the parliament . He is not ready to hear Mahabharat but ready to hear 70 years the criticism of congress by ruling party specially our great Viswaguru.
Sir.. I am from Tamil Nadu and I would wish u should have conversation with our state planning commission Chairman Mr. Jeyaranjan anout freebies and caste census and I think he will give his perspective which majority of our state people agree with it.. i totally agree with ur view and hope to see u both perspectives discussed together.
@@WorkWizdomMiddle class voted for Modi because he has been very successful to numb their senses by taking the name of God and religion, turning them into brain washed andhbhakts...... this process is going to repeat again and again unless a divine miracle takes place.....
Sir I admire the way you bring out the reality prevailing today we middle class are , the sufferer,may God bless you with good health to expose the truth and lies by the government
A resolution must be passed in such a way that freebies can't be given in the form of money. Welfare schemes must be introduced to in such a way that people earn more money than offered in freebies.
Many economists said its to fix the demand side of our economy. At some point, demand was so low that even Parle G biscuit sale went down in villages. This little money can allow people to buy things and improve economy. But these doles should be given only after fixing the infrastructure by the govt, because ultimately people pay with their life and livelyhood for bad infra.
Dear Sujit I totally agree that freebies not only rob the poor of their dignity but also put unbearable tax pressure on the middle class. But do you really think it is freebies that are making govts run out of funds or that terrible top to bottom corruption which is the rout cancer? If this cancer is treated well we will be in a position to do both, provide some support to the poor and also relax some burden of the tax or the middle class.
Sir 16 lakhs crores were not taken from corporates ,whose money is 16 lakhs crores? No loan wavering for farmers ? Do bjp answer for loans were wavered for corporates? Please brief
Indexation has issues. Most assets except Real estate , gold don’t have indexation. That incentivizes investors to invest in real estate more than equity markets. This causes inflation in real estate because there are other benefits with real estate too. Too much priority for one asset class is bad. Hence it was right to remove indexation for it.
Infrastructure benefits middle class most. Poor don’t get near zero Cost water supply. 70% of Govt revenue is spent on Sarkar salaries-middle class. Cars, Roads etc. go to middle class. But Nais of middle class have problems with food & few 1000 for poorest.😢
Middle class is a milking buffaloes for political parties.. Whatever is the situation middle class is lifting the load of the country... And politicians are thriving freely on tax money..
True, the middle class is made to pay for freebies to the poor. So too, in larger measures for the concession to corporate class. But nobody speaks about it. Why?
Sujit Nair and the HW News team- please go do your reading on small sums of money in the hands of women. Progressa or Opportunidades was implemented in Mexico. Putting it in the hands of women meant children got fed better, money is spent on healthcare and education of children, especially girls. Huge generational impact on children- putting small amounts of money into the hands of women.
And ‘infrastructure’ is meaningless with underskilled, malnourished people who are bad workers. Early childhood development and nutrition, along with healthcare has a lifelong impact in all sorts of ways.
Always two time is enough to gauge the performance of a govt, ppl have become communals as a result Modi thinks none would question him if he talks on hindutva hence we have to take the blows that’s all
Thank you for a great editorial as always . The middle class are getting their necks squeezed further and further!!! What a crappy budget!!!. Wonder what our FMs husband would say about this budget
BJP wants to punish the middle class. As somebody mentioned we have old aged politicians with no new ideas year after year ruling our country. It is time to hand over administration to people have knowledge, wisdom and know the reality of life and a vision.
@4:20 is spot on. And this is not just India all Governments everywhere. WE need AI to replace Governments. A mediocre one will do better than most Governments.
Yes, middle class is tired of BJP. In a few months we have elections in Maharashtra which has a large middle class salaried class population crushed under income tax. Results of the election will make it clear whether middle class still wants BJP
Truth. All true. Nobody bothers about the country. Further why our FM husband speak ill of her in all forums. And FM says charity begins at home looking at Rahul why not seethraman mend her family first before advising others
High income tax in the main problem. It should be gradually reduced over the years , widen the tax base and this will eventually result in more consumption in the long run
Few factual things incorrect, How does 30% become majority if the appeasement done to other 70%? Farmers tractor loans are higher interest rates against Mercedes.
There are 6 defined classes, Super Rich, Rich, Upper Middle, Middle, Poor and BPL. Middle class constitutes of 31% amongst the six classes. Hope you got the Math. Secondly, tractor owning farmers (most of them) come under the middle class bracket a percentage also is classified as upper middle
Very interesting comments on freebies.? I believe that when inflation and unemployment have created havoc..target population has to reduce consumption..which is also confirmed by Consumption Report.. Private Consumption is biggest driver of GDP growth.. By these freebies it helps to promote private Consumption
Dear sir, I have been following all your video's... I want something on " if opposition comes to power" will they expose PM Welfare Fund which doesn't fall in RTI. It has more scams than Electrolal Bond !!
Government does not favour middle class and Pensioners and seniors. Even savings account interest is taxed. In the name of rationalization capital gains tax on shares and MF 's is enhanced. Very unfair and unreasonable. 3% pays Income tax and this money is distributed as freebies to all. Agriculture income is not taxed, atleast income exceeding say 5 lakhs should be taxed. Tax gains to report in ITR2 is complex and cumbersome especially for Seniors and Pensioners with schedules 112A etc. These schedules are not designed properly. Tax filing should be easy and simple.
Very difficult to make our people understand that gst is agreed upon in gst council and that finance ministry or minister has no say in it. Why not an editorial on various aspects of gst.
Good editorial discussing about the middle class sector which are in a precarious Status. If unattended, it will cloapse and migrated to lower class, like it happen during COVID The main culprit for the economic collopse is attributed to Freebies. For this reason the planned welfare growth is being inhibited by Freebies which are unplanned and important to get votes. Hence, freebies has to be given top priority at the cost of welfare measures. This entire exercise is not an 'economic growth' but an 'economy transfer'. If this continues, one day the basic structure of the pyrmid will collapse.
A very pertinent point on superannuated persons selling property to make ends meet. If a house was purchased at 100 & sold at 1000. With indexation, if the property price is 500 then LTCG tax would be 100 as per old system and 112.5 as per new system. Typically, the superannuated person would buy a smaller property for 500 and earn interest on the balance 500 to make ends meet. With the new system, this is not possible & hence the outrage by middle class.
Freebees. Tamilnadu gives free rice. 20kg rice. They do not eat this ration rice. They buy better rice and eat. The housewife sells it at 8rupees anduse the money.
I grew up and lived in Chennai till 2005 and I disagree with your take on "freebies" given by the TN government. The state's economy is doing fairly well, considering the fact that the central government is not paying its dues to the state on time. The state has focused on inclusive growth for nearly a century now and has been quite successful in alleviating poverty levels. Your blanket statement on freebies being bad is not a balanced view. Please do study TN's growth over the years before taking a definitive stance on this.
Mid day meal scheme, free bus passes for students and women etc. were denigrated as freebies but time tells us that they are investment into human development which helps society.
Agree with your editorial. But a small correction to what you said at about 6:00 minutes, indexation is applicable till 2001 and not entire 30 years as you said.
In fact it is often wise to choose the most innocent victim possible as a sacrificial goat that is middle class . The sheep or goats are only selected for sacrificical object either in animal or in man.
Money collected through taxes is going waste none have guts to question instead they surrender except Rahulji but he is not still getting the required support, very unfortunate sir
Thanks for this episode. Very true most of us save without eating a proper meal per day to save for our old days. This govt has messed up every dream n livelihood for all middle class people including our children. No future only darkness all around.😢😢😢 Live to vote for the politicians Why don't the government teach fishing for people instead of giving them fish
Middle class was foolish to put all its eggs in the bjp basket. Actually Chidambaram’s budget with its removal of capital gains was better for the middle class.
What is the solution fir freebies?
The fact is BJP never cared for the so called Middle class because the so called middle class never really voted BJP for less taxes, development, infrastructure. The sole moto of the so called middle class voting BJP was Hindu Rashtra, communal hatred etc. For the last 2 terms people voted BJP for every issue other than the core issues. So BJP is doing a great job.
If the middle class turned off, why did the opposition get only 99 seats?
@@vimaldhanpaul6323 opposition got many more seats than 99. Congress got 99 seats.
@@Karlhegel2705there was no hatred. Creation of media left and opposition.
as a working couple, my wife and I together make 8 digit annual income. direct and indirect taxes ensure govt ends up the crorepati. waste of time working hard. what a moronic govt - they levy tax on food, health insurance, necessities when inflation is killing everyone. heart goes out to those who are barely surviving. this GST nonsense has gone way out of hand. Modi can forget next election, so can BJP. Hopefully country isn't sold to A1, A2 by then.
Ironic GST on Food when farmers are not compensated fairly for their produce and 60%+ ppl on food rations and free food programmes. Madness.
Yes
@@agnescraig2912thank you for rejecting the farmer bill. It was what farmers were waiting for 65 years.
Better it goes to A1 & A2 rather than VM, MC or NM.
As regardstaxes this same GST was known by another name - VAT and prior to that as ST.
No need to speak like the " angel of death".
If CAACTI wins Pak will carry out 26/11 with impunity and China will tale over Arunachal Pradesh & Sikkim by contributing to the Rajiv Gandhi Foundation.
CAACTI - Corrupt Anti-National Anti-Hindu Congress Treacherous "I"
At least some one is talking about middle class. I totally agree with you.
Definitely it’s an anti middle class budget. As usual corporates are showered with gifts. BJP will get their lesson in next election
Maturity is when you realize that corporates are friends of both sides. It is only middle class that has no friends and are kicked like a football from one camp to the other, during every election - like a 🐕.
People calling RG as pappu got made pappu themselves 😂
I was a bjp supporter but now no other options other than congress
You have to wait for 5 years and may be more -
I voted for bjp 3rd time😢😢😢next time will vote for what about national security ???
Do not vote congress. Find a good dictator. Democracy is going to end. Kingdom is good.
Middle claß is moving away is correct
Atleast Rahul Gandhi has talked about middle class. We need substantial increase in tax-free income i e. Increase the income tax slab atleast to 10 lakh with 0 tax. Let us hope that Congress will do something
Don't hold out any hope with any political party in this country. When they are in opposition, they rant about all the taxes imposed by the ruling party, but let them come to power and they will do exactly the same with some tweaks.
A good case in point (which I have already highlighted here before) is how the Congress increased the price of fuel days after the election results in Karnataka. All through the campaign they swore at the BJP about the high cost of living, then what have they done in their own State!??
One observation... when Congress imposes these taxes (they were not ,of course) or gets into corruption, there will be lot of ruckus and movements.. CII benefit on capital gains was given by them. They didn't impose tax on Long term capital gains in stock market when they were in power.
Most of the problems in India are due to 70 years of corrupt Congress rule
I agree. Even the 30% tax slab should be above 50 lakhs income...
It's only talk.
Tax burden on middle class is extremely high. Full implication of these taxes will gradually sink in, which is when middle class will realise the folly of voting for PJP.
Well said….we pay the taxes and get kicked in the teeth 👎👎👎👎👎
Even in Delhi is same.
Some are awaitted.
* Bad days ahead
* Leaking rain water in parlament
, leaking water I Ayodhya Rama temple.
*collapsed Delhi air port.
* Collapsed Jabalpur air port.
* Collapsed Rail stations.
* Collapsed Bridges.
* Collapsed National high ways in NE.
* Now few more
Who built most of these?
18 percent GST for health insurance.
FM once said she has no money to contest election. Hope BJP willnot take any actionagainst nithin
GST is not fixed by the finance ministry - All ministers of sates are a part of the exercise -
You have spoken the real, exact facts regarding middle class sir. Especially why we purchase or sell a house or anything. Nobody has talked about this. Thanks 🤝
Sir, It is the middle class who voted the BJP to power. They wholeheartedly supported the extreme Hindutva in the hope that they will reap National Security, High Prices, Wilful sacrifices for building infrastructure, and international pride. The BJP promised all this and have delivered it also.They willingly endorsed the sentiment that Hindus are in danger, that grand statues and even grander temples are essential for this country, never mind the poor education standards, the poor condition of our healthcare system and we can also do without two meals a day, no sacrifices are too great to make this country a vishwaguru. Lets have a circus. Why crib about the taxes. They should tax even more. The middle classes opted for Taxes like Sweden and life like Somalia! Now they have got it for sure.
Change is coming completely.
Since 2014....all budgets are non-biological 😂😂😂
Yes aloo se Sona nikala ki nahin
Devine budgets!! Better prostrate and accept them as blessings!!
@@WorkWizdomtell your amit malware that people know exactly who said this
@@noeldsouza412 - This morning I woke up night was said by who 😂😂
Bhai it cell walo se kya behes karna. Aapko malum hai unko ye sab ka Paisa milta hai@@noeldsouza412
After the introduction of GST, collecting IT is criminal. The courts should intervene to curb freebies unless it is funded by the party's resources.
Most middle class voted Facists BJP due to media jingoism ,that's include I.T.cell & WhatsApp universities
(As Development Ka postmorterm hogaya)
(Aap pooche!)
What about super rich getting their loans waived off in millions ?? Whose money is it any way ??
Tamil Nadu accounts for over 40% of the entire women workforce in India's manufacturing sector - so free bus for woman works.
And perhaps keeps women occupied outside the home rather than work as robots in the Breeding factories dominated by men. Male contraception must be rigorously enforced. Some health clinic worker claimed women are the ones who are superstitious and feel vasectomies somehow compromise men's health. Welcome to educated India.
Thank you Sujit ji for addressing women issues, Middle class, etc which NONE ADDRESS. Appreciate your efforts.
True you have a point of view. Freebies are not good and development suffers. But in the name of development 40% to 80% goes to the pockets of a few but here all poor middle class people enjoy the freebies. So better freebies than guarantees
0:09
For the middle class, it's a NO GO...elections and budgets come and go. We the middle class struggle daily, pay taxes, cast votes and then do it all over again and again. Middle class is the chutney, the Sandwiched class
I was born in Kerala brought up in Tamilnadu travelled to Karnataka Gurgaon delhi and Mumbai. Tamilnadu is a heaven for studies and exploring opportunities which involves significant application of brain and get diverted by Tollywood
Poor classes were voting INDI Alliance and educated middle classes were voting heavily on BJP aand this serve them well.
All urban middle class were voting for BJP😂
The so called educated middle class get more into all propaganda faster than the village people. The middle class think the development of a country is just infrastructure, they fail to understand the money is getting accumulated by less than 20 biggies in the country who are not generating the jobs that smses where doing
Earlier when I am down with fever or some minor illness
My expenses with doctor was 100 Rs consultation fee and 100 rs medical expense
Now 500Rs is for Consultation and Rs.500 For medication
Howmuch was the income at that time and now ? . It is foolish to expect that costs should come down and salaries should increase.
just imagine from tomorrow all politicians became honest and sincerely start to serve the people without fighting for power how many years it will take our nation to see people live in peace and live a decent life.
God's new avatar will happen before that
Every Indian is responsible for corruption/bribes. Starts in the family parents tight grip on children even as adults expecting Respect = money/financial assistance for themselves/their siblings till death. Recent case of Smriti in Delhi whose in-laws went to the media/relentlessly vilified her/many comments suggested that children must care for parents. In the West govts. are responsible -little wonder Indian passport ranks 82 nd Commenting on my own experience although my widowed mother till her death financially looked after her extended family. But was taken to the cleaners by her family. Chose to live in the UK and my analysis on this toxic mindset of "Families" must change. Respect every individual
Middle class is turning away from bjp that you will see in next election
Fm is heartless
She is a woman first, and a mother. But in her talk, walk and work non of that nature is seen. Probably incarnation of D...
@@Themindworkout Hahahaha. How did You Tube allow your comment - hats off to You Tube though.
Very correctly said middle class is very much suffering
In a small partnership firm which pays tax gives the partners remuneration and now TDS is applied. What an injustice
nirmala sitaxraman!
😂😂
Sicktaxraman
In Karnataka at least all middle class is benefitting by free bus and electricity 200 units
Our state tax is ruined by the Center giving it to politicians, UP, Bihar
Who are developing from the time of independence
I am very surprised by the way Mr. Om Birla's handling the parliament . He is not ready to hear Mahabharat but ready to hear 70 years the criticism of congress by ruling party specially our great Viswaguru.
Sir.. I am from Tamil Nadu and I would wish u should have conversation with our state planning commission Chairman Mr. Jeyaranjan anout freebies and caste census and I think he will give his perspective which majority of our state people agree with it.. i totally agree with ur view and hope to see u both perspectives discussed together.
Yes, the middle class in India is being made the scapegoat for political gains.
Still middle class voted for modi.
@@WorkWizdomMiddle class voted for Modi because he has been very successful to numb their senses by taking the name of God and religion, turning them into brain washed andhbhakts...... this process is going to repeat again and again unless a divine miracle takes place.....
Sir I admire the way you bring out the reality prevailing today we middle class are , the sufferer,may God bless you with good health to expose the truth and lies by the government
Thanks for your great analysis sir. The middle class will show all political parties what they think about the freebies
middle class voting is important
If they vote -
The present BJP is not Atalji's BJP.
Absolutely no ideals or principle.
A resolution must be passed in such a way that freebies can't be given in the form of money. Welfare schemes must be introduced to in such a way that people earn more money than offered in freebies.
Many economists said its to fix the demand side of our economy. At some point, demand was so low that even Parle G biscuit sale went down in villages. This little money can allow people to buy things and improve economy. But these doles should be given only after fixing the infrastructure by the govt, because ultimately people pay with their life and livelyhood for bad infra.
But finally during elections BJP wins by doing Hindu Muslim
Dear Sujit I totally agree that freebies not only rob the poor of their dignity but also put unbearable tax pressure on the middle class. But do you really think it is freebies that are making govts run out of funds or that terrible top to bottom corruption which is the rout cancer? If this cancer is treated well we will be in a position to do both, provide some support to the poor and also relax some burden of the tax or the middle class.
Sir
16 lakhs crores were not taken from corporates ,whose money is 16 lakhs crores? No loan wavering for farmers ? Do bjp answer for loans were wavered for corporates?
Please brief
Excellent analysis. 👍
Indexation has issues. Most assets except Real estate , gold don’t have indexation. That incentivizes investors to invest in real estate more than equity markets. This causes inflation in real estate because there are other benefits with real estate too. Too much priority for one asset class is bad. Hence it was right to remove indexation for it.
What about mutual funds ? mutual funds were a good means of earning that extra bit beyond the bank FDs. Now we lose even that edge
Excellent editorial
Infrastructure benefits middle class most. Poor don’t get near zero Cost water supply. 70% of Govt revenue is spent on Sarkar salaries-middle class. Cars, Roads etc. go to middle class.
But Nais of middle class have problems with food & few 1000 for poorest.😢
Good analysis. India is a country which is paying maximum tax by way of GST.
was a BJP Staunch supporter, NOT ANYMORE!!
Good analysis
Very well explained
Wow nice work .crystal clear ❤
Middle class is a milking buffaloes for political parties.. Whatever is the situation middle class is lifting the load of the country... And politicians are thriving freely on tax money..
Makes no difference,when ED and Agencies are working for BJP !
Specially young middle class Indians are rejecting BJP bcoz that party good at nothing
True, the middle class is made to pay for freebies to the poor. So too, in larger measures for the concession to corporate class. But nobody speaks about it.
Why?
Sujit Nair and the HW News team- please go do your reading on small sums of money in the hands of women. Progressa or Opportunidades was implemented in Mexico. Putting it in the hands of women meant children got fed better, money is spent on healthcare and education of children, especially girls.
Huge generational impact on children- putting small amounts of money into the hands of women.
And ‘infrastructure’ is meaningless with underskilled, malnourished people who are bad workers.
Early childhood development and nutrition, along with healthcare has a lifelong impact in all sorts of ways.
Sir,
16 lakh crore written off and waved off to Corporate?
Always two time is enough to gauge the performance of a govt, ppl have become communals as a result Modi thinks none would question him if he talks on hindutva hence we have to take the blows that’s all
The middle educated class have realised very late... the poorer people will also realise soon.. they were hypnotised by hindutva... Ram rajya 😂😂😂
Once you get the vote in hand,the Apka Sevak says Tata baby and disappear from the scene😢
Mr sujit why Rahul Gandhi not talking about extra votes by evm machine in the parliament
Thank you for a great editorial as always . The middle class are getting their necks squeezed further and further!!! What a crappy budget!!!. Wonder what our FMs husband would say about this budget
BJP wants to punish the middle class. As somebody mentioned we have old aged politicians with no new ideas year after year ruling our country. It is time to hand over administration to people have knowledge, wisdom and know the reality of life and a vision.
When an elected FM comes, only this kind of budget will have an end.... Else it is like HMV
What happened with HMV? They closed down worldwide.
Was MMS an elected person-
@4:20 is spot on. And this is not just India all Governments everywhere. WE need AI to replace Governments. A mediocre one will do better than most Governments.
I a middle class I support freebies given to poor people
Say this ten times Mr.Nair.tell the parties.to help them get the jobs
And earn a living rather than live on Doles😢😢😢😢😢😢😢
Yes, middle class is tired of BJP. In a few months we have elections in Maharashtra which has a large middle class salaried class population crushed under income tax. Results of the election will make it clear whether middle class still wants BJP
Truth.
All true.
Nobody bothers about the country.
Further why our FM husband speak ill of her in all forums. And FM says charity begins at home looking at Rahul why not seethraman mend her family first before advising others
It is not just the FM. After 10+ years of Modi every sane person must know that every policy is Modi Guarantee and Modi-economics, Control freak
You nailed it 🎯
High income tax in the main problem. It should be gradually reduced over the years , widen the tax base and this will eventually result in more consumption in the long run
Are our politician who are in power paying taxes for all the benefits they are enjoying
sujit sir, you are right about this, but one thing that i want to know why retired people are taxed heavily via gst on insurance policy of life?
Very insightful sir. As always
Nirmalaji is only a scapegoat for Modi -Shah squandering Citizens taxes.
A true analysis.....!👍👍👍👍
Few factual things incorrect, How does 30% become majority if the appeasement done to other 70%? Farmers tractor loans are higher interest rates against Mercedes.
There are 6 defined classes, Super Rich, Rich, Upper Middle, Middle, Poor and BPL. Middle class constitutes of 31% amongst the six classes. Hope you got the Math. Secondly, tractor owning farmers (most of them) come under the middle class bracket a percentage also is classified as upper middle
Very interesting comments on freebies.?
I believe that when inflation and unemployment have created havoc..target population has to reduce consumption..which is also confirmed by Consumption Report..
Private Consumption is biggest driver of GDP growth..
By these freebies it helps to promote private Consumption
Dear sir,
I have been following all your video's... I want something on " if opposition comes to power" will they expose PM Welfare Fund which doesn't fall in RTI. It has more scams than Electrolal Bond !!
Policies and People need to change not politician..
Government does not favour middle class and Pensioners and seniors. Even savings account interest is taxed. In the name of rationalization capital gains tax on shares and MF 's is enhanced. Very unfair and unreasonable. 3% pays Income tax and this money is distributed as freebies to all. Agriculture income is not taxed, atleast income exceeding say 5 lakhs should be taxed. Tax gains to report in ITR2 is complex and cumbersome especially for Seniors and Pensioners with schedules 112A etc. These schedules are not designed properly. Tax filing should be easy and simple.
Very difficult to make our people understand that gst is agreed upon in gst council and that finance ministry or minister has no say in it.
Why not an editorial on various aspects of gst.
Freebies are not the answer for prosperity
Even gst not the answer for prosperity. 😂
गेली पाच वर्षे भाजप पासून दूर चालले आहोत. खूप अंतर वाढल आहे.
Good editorial discussing about the middle class sector which are in a precarious Status. If unattended, it will cloapse and migrated to lower class, like it happen during COVID
The main culprit for the economic collopse is attributed to Freebies. For this reason the planned welfare growth is being inhibited by Freebies which are unplanned and important to get votes. Hence, freebies has to be given top priority at the cost of welfare measures.
This entire exercise is not an 'economic growth' but an 'economy transfer'. If this continues, one day the basic structure of the pyrmid will collapse.
Merely getting a better show in 2024 elections does not mean that all is lost for the BJP
A very pertinent point on superannuated persons selling property to make ends meet. If a house was purchased at 100 & sold at 1000. With indexation, if the property price is 500 then LTCG tax would be 100 as per old system and 112.5 as per new system. Typically, the superannuated person would buy a smaller property for 500 and earn interest on the balance 500 to make ends meet. With the new system, this is not possible & hence the outrage by middle class.
Yes Mr. Nair explains it thoroughly to all his viewers.
Freebees.
Tamilnadu gives free rice.
20kg rice.
They do not eat this ration rice. They buy better rice and eat. The housewife sells it at 8rupees anduse the money.
I grew up and lived in Chennai till 2005 and I disagree with your take on "freebies" given by the TN government. The state's economy is doing fairly well, considering the fact that the central government is not paying its dues to the state on time. The state has focused on inclusive growth for nearly a century now and has been quite successful in alleviating poverty levels. Your blanket statement on freebies being bad is not a balanced view. Please do study TN's growth over the years before taking a definitive stance on this.
Mid day meal scheme, free bus passes for students and women etc. were denigrated as freebies but time tells us that they are investment into human development which helps society.
Agree with your editorial. But a small correction to what you said at about 6:00 minutes, indexation is applicable till 2001 and not entire 30 years as you said.
The budget is prepared by ministry of finance officials. The finance minister who is voted by the common man has little to say.
In fact it is often wise to choose the most innocent victim possible as a sacrificial goat that is middle class . The sheep or goats are only selected for sacrificical object either in animal or in man.
well spoken
Sir, giving direct to the poor will help to improve market and it increase demand productive improve and job will create.
Money collected through taxes is going waste none have guts to question instead they surrender except Rahulji but he is not still getting the required support, very unfortunate sir
Thanks for this episode. Very true most of us save without eating a proper meal per day to save for our old days. This govt has messed up every dream n livelihood for all middle class people including our children. No future only darkness all around.😢😢😢
Live to vote for the politicians
Why don't the government teach fishing for people instead of giving them fish
Obviously yes..will never vote for BJP