Budget 2024: If not you, your domestic help may be happy with the budget
Budget expectations: Different segments of the population have hopes from the interim budget Finance Minister Nirmala Sitharaman will present on February 1. Many think Sitharaman might deliver a populist budget in view of the upcoming Lok Sabha elections while many others think the government is under no pressure to please different voting segments with benefits in the budget due to the BJP's bright poll prospects.
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There is another argument that Sitharamn might offer some benefits to the people at the bottom rungs of the economy in view of the high inflation in this financial year. These are likely to be rural people as they have been suffering from inflation as well as the depressed demand in rural areas. However, another category that the budget might target is the urban poor, not just to provide relief to them from high inflation but also to consolidate a new voting bloc.
A scheme for domestic staff
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The budget could extend some form of social security to millions of domestic workers. This could be a step toward universal welfare payments as envisaged under the Social Security Code, 2020, which has not been rolled out yet, ET has reported recently.
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Some benefits being considered include a
