Pre-Budget 2025: What the Aam Aadmi Expects
As the countdown to Union Budget 2025 begins, the hopes and expectations of India’s common man, the aam aadmi, are focused on relief measures that address daily challenges and improve their quality of life. Here’s a glimpse into what the average Indian is looking forward to:
1. Income Tax Reforms
The aam aadmi expects changes in the income tax structure to ease the financial strain on households:
Increase in Tax Slabs: Revising the basic exemption limit to ?5 lakh could bring relief to millions of taxpayers.
Higher Deductions: Enhanced benefits under Section 80C (from ?1.5 lakh to ?2.5 lakh) and standard deduction (from ?50,000 to ?1 lakh) are long-awaited.
2. Inflation Control
Rising costs of essential goods and services have burdened the common man. Measures to reduce GST on essentials and promote affordable housing are crucial to alleviating everyday expenses.
3. Job Creation and MSME Support
The aam aadmi relies heavily on small businesses for employment opportunities. The government is expected to:
Announce incentives for MSMEs to create jobs.
Simplify compliance processes to empower budding entrepreneurs.
4. Affordable Healthcare
Healthcare is a growing concern. The common man hopes for:
Increased tax deductions under Section 80D for medical insurance premiums.
Government initiatives to make quality healthcare accessible and affordable in rural and urban areas alike.
5. Education and Skill Development
To secure the future of the younger generation, the aam aadmi seeks:
Subsidized education loans with easier repayment terms.
Increased focus on vocational training to boost employability.
6. Women-Centric Policies
Indian households expect measures aimed at empowering women, including:
Tax benefits for working women.
Enhanced incentives for women entrepreneurs.
7. Rural Development and Agriculture
Rural India is the backbone of the economy, and the budget is anticipated to:
Boost infrastructure in rural areas.
Provide subsidies and credit access to farmers.
8. Digital and Infrastructure Growth
Technology adoption and infrastructure development can pave the way for a better quality of life. The aam aadmi expects:
Investments in smart cities and rural internet connectivity.
Affordable smart home automation solutions for energy efficiency.
Conclusion
The Union Budget 2025 holds the potential to uplift the lives of the aam aadmi by addressing these key areas. It’s an opportunity for the government to balance economic priorities with social welfare, ensuring inclusive growth for all.
