I really sorry to say, but this message too cynical about the budget which is yet to be made. The assumptions are that (1) It will be anti middle class and Upper class: What is that can be really against these sections? Higher taxes, fall in real estate prices, loss of employment could be some factors that directly affect the middle and upper classes without hurting the remaing class i.e., lower class. Prices will hurt lower classes more than the other two sections. Upper class is looking towards higher returns on their investments either it is gold, real estate, debt / equity. In other words the budget will be against these classes of assets from appreciation or taking higher share of the growth by way of higher direct taxes with out effecting the lower classes. Infact, the budget is expected to have reforms to increase the industrial growth, reduce the unemployment, make provisions to attract investments. In fact, in the independant India, Government of India has done very little to the lower classes (excluding the middle and upper classes)but said hell lot of things they have been doing. Their (lower classes) standard of living is just moving around the poverty line, unable to have a shelter for themselves, to provide meaningful education to their children, to have living conditions suitable to human beings, to have minimum health care. All that these governments have given is ration cards, with virtually no rations for months, no employement (national rural employment guarantee scheme has become collection scheme for government employees and influential people rather than benefiting the poor). But the middle class and upper middle class had substantially higher share in the over all pie that has grown multi fold in the last so many years. Even in this budget, FM will only bother himself for more economic reforms which will benefit the Middle class and upper classes.
(2) Fiscal deficit will be shown low by making mathematical jugglery: FM is expected to show a fiscal deficit over 5.3%, which is not anywhere near the lowest.
(3)Focus will be rural population: If we see the GDP growth the service sector, the industrial sector are doing well but the agricultural sector is lagging far behind the other sectors due to productivity and lack of any government involvement in their development. Unless the agriculture is promoted more aggressively, we urban middle / upper classes will not get food. These rural population are vulnerable lot and unable to make morchas like what we do for every big, small, trivial things. Do you know the rural Andhra pradesh is under 12 hours power cut through out 2011-13? No power for villages except during night 9 p.m. to morning 6 p.m. which any way they dont need except for fans. Has anybody made any agitation? Can we middle and upper classes in urban centres can bear the similar power cuts? Most of the village dont have portable drinking water, they dont have proper schools, hospitals but in urban areas we have everything. These rural population will only raise issues at local level and vote in elections. But we middle class / upper class in urban areas will raise issues in all mediums and won`t go to the polling stations, at times feel demeaning to stand in the queue and vote. Lets us stop cursing the rural population, as they are guniea pigs of the politicians and the system.
Anyway as it in the past, even in the next budget they will be ignored as usual.