Nation Current Affairs 28 Jan 2020 Budget should focus ...

Budget should focus on environment

DECCAN CHRONICLE. | DURGA PRASAD SUNKU
Published Jan 28, 2020, 4:54 am IST
Updated Jan 28, 2020, 4:54 am IST
47% of respondents hope for improvement in Railway services.
Many of them also want the tax exemption limit increased from the current Rs 2.5 lakh to Rs 5 lakh.
 Many of them also want the tax exemption limit increased from the current Rs 2.5 lakh to Rs 5 lakh.

Hyderabad: Most citizens desire that environment be given top priority in the upcoming union budget, followed by infrastructure, according to a survey conducted by LocalCircles, a community social media platform.

Many of them also want the tax exemption limit increased from the current Rs 2.5 lakh to Rs 5 lakh.

 

From among the close to 80,000 citizens who participated in the survey, 30 per cent said environment (air, water, and waste management) should be given higher allocations in budget 2020, followed by 26 per cent for infrastructure sector, 16 per cent for agriculture, eight per cent for rural development, and six per cent for skilling.

Another 11 per cent said women and child safety must be given high priority.

On income-tax payable by individuals, the survey revealed that 60 per cent of taxpayers wanted the limit for zero tax to be hiked from Rs 2.5 lakh to Rs 5 lakh and 18 per cent wanted it be increased to `3 lakh. Seven per cent wanted the limit to remain at the same level while four per cent stated it should be reduced to Rs 2 lakh.

With regard to budgetary allocations for Indian Railways, citizens were asked for their top focus areas in the 2020 budget. A total of 47 per cent said improvement in services and amenities, 21 per cent wanted improved safety, 15 per cent sought better timeliness and 13 per cent preferred cleanliness.

When asked about the number of tiers in GST they would desire effective, 48 per cent said it should be a three-rate structure (basic essentials, all others, and sin/luxury products), while 20 per cent wanted two (all products and sin/luxury products) and 10 per cent were for a single rate.

Mr Akshay Gupta, general manager, LocalCircles, said, “Amid talks of an economic slowdown, many are hoping that the Budget 2020 would turn out to be a balancing act. We have organised this survey to get the citizens’ perspective of what areas they want addressed”.

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Location: India, Telangana, Hyderabad




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