Finance Minister Nirmala Sitharaman is aware of the concerns of the middle class, gave big signals

Budget 2025: Now less than two and a half months are left for the presentation of the Union Budget for the financial year 2025-26. The budget will be presented on February 1, 2025. From next month, Finance Minister Nirmala Sitharaman will start a round of consultations regarding the budget. Earlier, the Finance Minister has given big indications regarding providing relief to the middle class. In his reply to a user’s post on social media, the Finance Minister said, we are aware of your concerns. Finance Minister wrote, Prime Minister Narendra Modi The (Narendra Modi) government is a responsive government which listens to the voices of the people and also provides solutions to them.

Appeal to provide relief to the middle class

Tagging Finance Minister Sitharaman in his post, a user named Tushar Sharma on social media platform I would like to humbly ask you to consider giving some relief to the middle class. The user further wrote, I understand well the challenges involved in this, but I have a heartfelt request for this.

Finance Minister, we are aware of the concerns

The Finance Minister also responded to this post of Tushar Sharma. Nirmala Sitharaman wrote, I thank you for these words and your understanding. I recognize and appreciate your concerns. The Finance Minister wrote, Prime Minister Modi’s government is a responsible government which listens to the voices of the people and their feelings and also provides solutions to them. Thanking the user, the Finance Minister wrote, your input is very valuable.

Thank you for your kind words and your understanding. I recognize and appreciate your concern.
PM @narendramodi ‘s government is a responsive government. Listens and attends to people’s voices. Thanks once again for your understanding. Your input is valuable. https://t.co/0C2wzaQtYx

— Nirmala Sitharaman (@nsitharaman) November 17, 2024

Burden of inflation on middle class

In recent times, it has been seen that the middle class is in trouble. Inflation rate figures for the months of September and October show that the burden of inflation has increased on the common people and especially the middle class. In October 2024, retail inflation has reached a 14-month high of 6.21 percent while food inflation has been around 10.87 percent of 11 percent. While announcing the results of the second quarter of the financial year 2024-25, many FMCG companies said that due to high inflation, the demand for FMCG and food items in urban areas will fall. It has had an impact.

Middle class in trouble!

The management of Hindustan Unilever Limited and Nestle India have accepted the decline in demand. Hindustan Unilever Limited said that there has been a decline in FMCG Demands in the urban markets in the July-September quarter. Nestle India has also had to face decline in demand in urban areas. The middle-class living in urban areas has cut down their expenses. Suresh Narayan said, people who have money are spending hugely. But the middle-class is feeling the pinch.

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