Kantar India Union Budget Survey 2023

January 26, 2023

Kantar is a New Zealand company. The company conducts surveys and presents analytical insights. The company recently held a survey in India about the Indian Union Budget to be presented in 2023. And the results of the survey are not so good. The survey says that one in four Indians are insecure about their job! Inflation is to be the biggest hurdle for India. While India is marching forward in defense, space, exports, food processing, and energy, the development may not be inclusive! The High – Income Group alone contributes to the economic development of the country at large. The Low–Income Group and the Below Poverty Line people are still suffering.

What does the survey say?

55% of Indians want the government to focus on healthcare. Increase the fund allocation to the health sector
55% believe that Sensex is to remain at 70,000
50% believe that the Indian economy will expand, but only at the macroeconomic level
31% believe that the Indian economy is slowing down
Urban Indians approved the 2022 Budget
60% want an increase in tax rebate on investments
Inflation is to affect household incomes. Therefore, people want rebates on health insurance
Many are expecting the budget will allocate more funds for electric vehicles as fuel prices are increasing

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