The Budget and People Like Us
Ever since I started earning for
myself, I have followed, at least attempted to follow, Budget proposals
closely. And the one constant has been this: whatever the announcements, by
whoever, it invariably never ever makes any positive difference to my own
budget. I don’t gain a penny, but lose many.
Amazingly, whether it is Manmohan
Singh, Yashwant Sinha, P Chidambaram or Pranab Mukherjee, after no Budget have
I, or some People Like Us (PLU) that I know, rubbed two hands in glee and said,
``Wow, this year’s gonna rock for us.’’
Somehow, in the end, we end up
spending a bit more than the last year. If LCDs become cheaper, the cable guy
jacks up his rates. If tea becomes cheaper, milk gets dearer. If cars cost
less, petrol costs more. If I save Rs 3,000 at the end of 365 days because the
income tax exemption limit has been raised, I spend Rs 6,000 more because
transportation charges have gone up and my subzi walla says he’ll have to take
a little extra for that tomato, potato, bhindi and lauki.
For the bulk of PLU, especially
those employed by others, which is almost all of us, the bottom lines, more or
less, remain what they are and life goes on in exactly the same manner after
the Budget as it did before it. If anything, you should be happy when the
Budget guarantees status quo. Because, come to think of it, the Budget seldom
has anything for the PLU.
But when you get out of your office
at the end of the day – with most of your proposals on hold because your boss,
too, was busy with the Budget – and hit the hard road home, you realize nothing
has changed for the better. The edgy cab driver suddenly charges you more
because fuel prices have gone up, the pirated CD you pick up is rented out at
Rs 5 plus and the gardener you pass by makes a quick request for a wage hike
because he’s just heard Budget se bhao badh gaya hai.
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