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Dear Nirmalaji, please boost private investment

January 12, 2021 10:12 IST

On February 1, 2021, Finance Minister Nirmala Sitharaman will present the Budget for the Financial Year 2021- 2022.

Nirmalaji has asked us to send the finance ministry inputs so that the government can prepare an all-inclusive Budget, one that will incorporate the needs of its people.

In a month-long series, A Ganesh Nadar/Rediff.com will speak to Indians across the land about what their expectations from Budget 2021 are.

 

Tanvi Dubey, 29, is a Delhi-based lawyer. She has been practising law in the Supreme Court of India since the last seven years.

Her father Sanjay Dubey is a lawyer as well while her younger brother has completed his studies in law. Her mother is a home-maker.

"Although my practice is in the Supreme Court, I want to specialise in social welfare in the future. In fact, I am already doing social work."

She owns the home she lives in.

These are her suggestions for the finance minister.

Dear Nirmalaji,

We are in the middle of a pandemic. The only silver lining at the moment is that we are hearing about a potential vaccine.

At the same time, we are also hearing that a new strain of the virus is spreading in the country. And there is still a lot of uncertainty regarding the effectiveness of the vaccine.

The Budget, this year, will be very important and must be a thoughtful decision that considers all aspects of the economy. We need a devoted committee to look into the fiscal target.

There are three investment areas they should concentrate on -- healthcare, infrastructure and sustainability.

The emphasis should be on boosting private investment and providing support to employment generation.

The Budget should focus on growth and fiscal management, keeping a three year perspective in mind if not more.

It should decrease personal income tax rates, particularly for those who have been severely affected by the pandemic.

Thank you.

IMAGE: Tanvi Dubey. Photograph: Kind courtesy Tanvi Dubey

Earlier in the series:

Feature Presentation: Aslam Hunani/Rediff.com

A GANESH NADAR