The budget proposals for 2026-27 received mixed reactions from traders, lawyers, bank officials, and others in the holy city of Kashi (Varanasi), parliamentary constituency of Prime Minister Narendra Modi.
Rajesh Kumar Sinha, Assistant General Manager of Punjab National Bank, said that the budget is quite balanced. He said, “This is a positive budget that will empower India and strengthen the goal of a self-reliant India. It has a special focus on infrastructure development. An attempt has been made to change the concept of job seekers. Now the youth of the country should become job creators, not just job seekers. A fund of Rs 10,000 crore has been allocated for the MSME sector. A rail corridor and a shipyard have been announced for Kashi, where ships will be repaired. This will lead to the development of new industries.”
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Chartered Accountant Mudit Agarwal said that not much has been done for the manufacturing sector, while the service sector has received some relief. He called the plan to train 10,000 guides effective and said that it would create new jobs. There has been no change in the income tax slabs.
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Advocate Shashank Tripathi said that India is an agrarian country. A new definition will be established by linking small industries with agriculture. Significant provisions have been made in the budget to promote tourism. This will realise the vision of ‘One India, Great India’.
Haji Shahid Qureshi, President of the Minority Business Association, said that there were high expectations from the weavers, but Kashi did not receive much except for the rail corridor. The budget was average for small traders.
Jake Verma, Manager of Punjab National Bank, said that the focus has been on small-scale industries. There will be a large investment in railway-related projects, which will open new avenues for employment.
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