He's been in the financial industry for decades now and we're very thrilled to have him today on Swell. Ozad Mishra is a Deputy Associate Editor at the Indian Express and he is an expert on the economy and writes widely on news articles as well as wider perspectives around the budget and other economic policies. We're also joined by Radhika Pandey, who is an economist and senior fellow at the National Institute of Public Finance and Policy
Nazim Khan
@nazimkhan · 3:35
But if you are a small business owner running fifty k a month for the first time you can actually become a citizen of this country who is part of the formal economy and who doesn't have to worry about hiding tax or paying tax. Think about it. And I think that that's a very, very big move that the Finance Minister has brought about. So, yeah, that was my overall take. Thanks
So that's a welcome development and if the economy does not face another unanticipated shock like it did in the current year, then the allocation would be sufficient for food and fertilizers. But the point of concern is that on the Rural Jobs Guarantee scheme the allocation has been steeply cut to 60,000 crore. So that is something that might need a step up in the coming months
Arun Vasan
@arunvasan · 4:56
So this will be made available for a two year period up to March 2025, and it will offer a deposit facility in the name of women or girls for a tenure of two years. So, if you look at all these reforms, the key agenda of the government is obviously promote the financial sector, promote financial inclusion, keep the momentum up. The budget has remained committed to these points