Dear Nirmalaji, please boost private investment
On February 1, 2021, Finance Minister Nirmala Sitharaman will present the Budget for the Financial Year 2021- 2022.
Nirmalaji has asked us to send the finance ministry inputs so that the government can prepare an all-inclusive Budget, one that will incorporate the needs of its people.
In a month-long series, A Ganesh Nadar/Rediff.com will speak to Indians across the land about what their expectations from Budget 2021 are.
Tanvi Dubey, 29, is a Delhi-based lawyer. She has been practising law in the Supreme Court of India since the last seven years.
Her father Sanjay Dubey is a lawyer as well while her younger brother has completed his studies in law. Her mother is a home-maker.
“Although my practice is in the Supreme Court, I want to specialise in social welfare in the future. In fact, I am already doing social work.”
She owns the home she lives in.
These are her suggestions for the finance minister.
We are in the middle of a pandemic. The only silver lining at the moment is that we are hearing about a potential vaccine.
At the same time, we are also hearing that a new strain of the virus is spreading in the country. And there is still a lot of uncertainty regarding the effectiveness of the vaccine.
The Budget, this year, will be very important and must be a thoughtful decision that considers all aspects of the economy. We need a devoted committee to look into the fiscal target.
There are three investment areas they should concentrate on — healthcare, infrastructure and sustainability.
The emphasis should be on boosting private investment and providing support to employment generation.
The Budget should focus on growth and fiscal management, keeping a three year perspective in mind if not more.
It should decrease personal income tax rates, particularly for those who have been severely affected by the pandemic.
Earlier in the series:
- Akansha Dixit, working professional
Himani Zaveri, businesswoman
- Sandeep Sharma, banker
- K Nishad, driver
- Shivraj Ganpatrao Vanarse, newspaper vendor
- Rajeev Kumar Singh, security guard
Feature Presentation: Aslam Hunani/Rediff.com
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