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Union Budget Reaction: Mixed Bag for Citizens

Catch Team | Updated on: 24 July 2024, 16:17 IST
Union Budget Reactions: Mixed Bag for Citizens

Bengaluru: In a recent survey, citizens and experts shared their opinions on the latest Union Budget. While some hailed it as a progressive step towards development, others felt it lacked focus on certain crucial aspects.

Kumar Jeevendra, a resident of Bengaluru, appreciated the budget's focus on farmers, women, and youth. He believed that the reduction in customs duty on gold and silver would benefit traders and customers alike.


On the other hand, Pukhraj Aanchaliya, a jeweller from Bengaluru, felt that the budget did not address the concerns of senior citizens and EPF-95 pensioners.

Experts Weigh In

Abhay Kumar Banthia, a businessman from Bengaluru, praised the government's efforts to create a balanced budget that promotes economic growth and development. He commended the emphasis on solar energy, agriculture, and education.

Dilip Gandhi, a resident of Bengaluru, however, expressed disappointment that the budget did not provide any significant benefits to senior citizens.

Impact on Various Sectors

Pinki Gulgulia, a resident of Hassan, welcomed the reduction in import duty on gold, citing its cultural significance in Indian society.

Prakash Maru, a resident of Chamarajanagar, believed that the budget would boost the economy and create employment opportunities. He appreciated the focus on rural development and the allocation of Rs. 2.66 crore for the same.

Jeevaraj Rajpurohit, a resident of Bangalore, felt that the budget would provide relief to the middle class and promote development.

Industry Insights

Baroruchi Mishra, CEO of a private company, emphasized the need for banks and financial institutions to support the government's noble initiatives. He suggested that the implementation of carbon capture and storage technology would be crucial in reducing carbon emissions.

Usha Ayyar, Principal and Managing Director of a private school, appreciated the budget's focus on education and skill development. She highlighted the allocation of Rs. 1.48 lakh crore for education and the designing of five transformative programs to promote employment and skill development.

Overall Reaction

Gautamchand Dhariwal, a resident of Bangalore, summed up the mood by stating that the budget was a commendable effort to promote development and growth.

First published: 24 July 2024, 16:17 IST