“By loosening its purse strings this year in its annual budget, I believe the Indian government has indeed taken a bold step at a crucial hour. While there seems to be no direct support for the common man, there is more thrust on welfare schemes, which comes as a bit of relief!

A sector where it will, in fact, make a sea of a difference is education. With a clear divide in the standard and access to the basic right itself, proposing a capital expenditure with adequate focus will eventually act as a win-win, both for the nation and the public! Moreover, as a developing country, it becomes all the more important to focus on boosting such social infrastructure. Especially taking into consideration our government’s failure to meet the set norms of spending 6 and 3 percent of our GDP respectively on education and health makes this push from the public end crucial to witness some reformative changes.

Additionally, another area that has caused major concern is unemployment. With the 2020 pandemic, the already existing unemployment rate of 6 percent has further dipped to a new low of 10.4 per cent. Now though the data calls for more support to the Micro, Small and Medium Enterprises to strengthen our position, the current budget allocation, unfortunately, is a poultry amount, indicating how complex a circle it will be to bring back the economy on track!

If one can recall, a great number of migrants who were affected by the pandemic were from the MSME sector. It aids the livelihoods of over 6.9 crore citizens and therefore should be given adequate priority by the government over just squandering people’s money elsewhere.

One more way it can be achieved is by catching the eye of investors across the globe. India should look at developing long term plans rather than short term fixes for amplifying the employment ratio. Moreover, it is always necessary to have a decentralized plan with adequate feedback from the bottom of the hierarchy in the country too. In the end, it’s these communities that experience a significant impact with every little change into our system! So at least to avoid marginalization, the inputs from the common man is of utmost importance!”