Why is the Centre being asked to announce benefits for the middle class in the upcoming Budget
Kejriwal is urging the Centre to announce benefits for the middle class in the upcoming Budget.
- Addressing middle-class concerns: Middle-class families form a significant part of the population and play a vital role in economic growth.
- Supporting purchasing power: Providing benefits to the middle class can boost their purchasing power, which can stimulate consumer spending and overall economic activity.
- Enhancing social welfare: Supporting the middle class through tax incentives or financial assistance can contribute to social welfare by reducing financial stress and improving living standards.
- Political considerations: Addressing middle-class concerns can also be a strategic move by the government to win favor with a key voter demographic.
- Stimulating investment: Benefits for the middle class can encourage savings and investments, leading to capital formation and economic development.
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5 months ago