In anticipation of Union Budget 2025, students voice their expectations for progressive reforms. Key demands include improved infrastructure, increased support for the agriculture sector, a reduction of GST on basic goods, and a shift to luxury goods taxation. They urge the government to lighten the burden on the middle class and prioritize everyday affordability while enhancing opportunities for growth and education.
#UnionBudget2025 #StudentsSpeak #BudgetExpectations #MiddleClassRelief #GSTReform #EducationBudget #YouthVoices #ProgressiveBudget #BudgetForAll #StudentDemands #AffordableLiving #InfrastructureGrowth #AgricultureReform #BudgetIndia2025 #GSTRelief #EverydayGoods #EconomicProgress #StudentVoices #YouthDemands2025 #IndiaBudget
~HT.97~ED.346~
#UnionBudget2025 #StudentsSpeak #BudgetExpectations #MiddleClassRelief #GSTReform #EducationBudget #YouthVoices #ProgressiveBudget #BudgetForAll #StudentDemands #AffordableLiving #InfrastructureGrowth #AgricultureReform #BudgetIndia2025 #GSTRelief #EverydayGoods #EconomicProgress #StudentVoices #YouthDemands2025 #IndiaBudget
~HT.97~ED.346~
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NewsTranscript
00:00Welcome to One India Hindi. I am Muneen Srivastava and I am presently at the Arthashastra Department of the University of Gaurakhpur.
00:14Right now, we have some students with us with whom we would like to know what are their expectations for the upcoming central budget on 1st February.
00:26Mr. Rajiv, what are your expectations for the upcoming central budget on 1st February?
00:34We feel that the allocation of the budget in higher education should be better than the previous budget in terms of infrastructure development and culture.
00:46There is also a suggestion to make the budget slab in a highly progressive manner.
00:55There should be a minimum tax on the poor and a maximum tax on the high-income groups.
01:04As you said, we need to focus more on education.
01:10We can also expect that the agricultural sector should be promoted.
01:17We can also expect that the capital expenditure in the previous budget should be increased.
01:26We can also expect that the capital expenditure in the previous budget should be increased.
01:29As they said, higher education and GST should be more on luxury goods.
01:36The percentage of luxury consumption should be more so that the burden on the middle-income group should be less.
01:43Also, the angel tax has been removed.
01:48Entrepreneurs should be able to invest from outside so that they do not have to pay the maximum amount of their profit in tax.
01:57They should get incentives so that they can use this place as a start-up process.
02:07The percentage of luxury consumption should be more so that the burden on the middle-income group should be less.
02:17In today's economy, consumption expenditure is decreasing.
02:27The burden on the middle-income group is more.
02:32According to the neighboring countries, the highest tax rate in our country is 30%.
02:39In the rest of the countries, the rate is 25%.
02:42In our country, the rate of tax is also high.
02:46The rate of tax should be reduced.
02:48The basic tax rate of 3 lakhs should be increased.
02:54I think it should be increased because the expenditure is not increasing.
02:59The income is also decreasing.
03:01If you have a disposable income of 10 lakhs and you pay 3 lakhs tax on it,
03:08then there is a pressure on you to spend more.
03:11Until you spend in the economy, the economy cannot move forward.
03:17The government should think about how to increase the expenditure.
03:21It will only increase when you have cash in hand.
03:26Tax should be reduced.
03:28Government expenditure and capital expenditure should be increased.
03:31If government expenditure increases, schools should be built.
03:35We have seen that the budget of UGC has been reduced.
03:40It should be increased so that higher education institutions can be established.
03:45We have seen in the last 5 years that the budget for education has been reduced.
03:52The budget for education should not be reduced.
03:55If the budget for education is reduced, then you will have a shortage of skills.
04:00After that, you will not be able to give good people to other sectors.
04:05If you can't give good people, efficiency will be reduced.
04:08The government should adopt such a budget.
04:12Entrepreneurship should increase.
04:16People should get employment.
04:19The agricultural sector needs a package.
04:24If you don't promote the best sector,
04:32then the problem of unemployment will increase.
04:37If we talk about agriculture, there are many schemes for farmers.
04:44Do you think that such a scheme should be adopted to benefit the farmers?
04:50Farmers are the poorest farmers.
04:53We have seen the drone system in the last budget.
04:57Farmers are not getting the benefit of the drone.
05:00The big farmers are getting the benefit.
05:02We have the poorest farmers.
05:04Large schemes are not beneficial for the poor farmers.
05:08Small-scale schemes should be implemented to benefit the poor farmers.
05:12The government should take care of the middle class.
05:17There should be a lot of changes in the tax system.
05:21The code that has been in place since 1961 needs to be improved.
05:26In 2019 and 2010, the government tried, but it could not be changed.
05:33What should be the change?
05:35The middle class should get benefits.
05:42The rich should get more benefits.
05:46The lower class should get relief.
05:54Petroleum should be included in the GST.
06:00The government is trying, but there are some shortcomings.
06:05In macroeconomics, the deficit should be increased by 3 points.
06:13This has not happened yet.
06:15It is currently at 5.1.
06:18How can it be increased?
06:20The government should ask for an FDI.
06:26People have brought more money from abroad.
06:29There are more remittances.
06:31This has not happened yet.
06:34The government should pay attention to this.
06:36I spoke to the economists at the University of Gorakhpur.
06:41They gave their views on the budget for the coming month.
06:47What should be done for the farmers?
06:49What should be done for the businessmen?
06:51They told me that there is a need for improvement.
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