- The people involved in the survey expect the health sector to get priority.
- The survey took the opinion of people working in different sectors of 40 cities
- Appeal to Finance Minister to emphasize on promotion of private demand and consumption
New Delhi. The health sector is likely to get the highest priority in the Union Budget for the financial year 2022-23 amid the challenges posed by the coronavirus pandemic. Industry body Assocham said this in a survey on Thursday.
Assocham said that 47 per cent of the respondents in its survey expressed the expectation that Finance Minister Nirmala Sitharaman will focus on the healthcare sector the most in the Budget. The people surveyed have also placed sectors such as micro, small and medium enterprises (MSMEs), energy and infrastructure and technology in the budget’s priority list. The survey took the opinion of 400 people working in different sectors in 40 cities. Assocham said that the proactive measures of the government and the untiring efforts of the frontline workers have helped in dealing with the precarious situation. At the same time, the corona epidemic has also exposed some shortcomings in the public health system.
Demand for exemption in income tax
Further, nearly 40 per cent of the survey respondents said that the finance minister should reduce income tax, among other measures, to boost private demand and consumption. When asked what the government can do to accelerate the pace of job creation, most people said the government should focus on infrastructure and housing.
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