Union Budget 2023: Asia’s Largest Textile Traders Expect Relief From The Union Budget


The eyes of Delhi businessmen are fixed on the Union Budget to be presented on Wednesday. The businessmen here have high hopes from this budget. Traders say that their business was completely ruined in Corona, which has not been able to get back on track yet.

New Delhi: Union Finance Minister Nirmala Sitharaman will present the budget on Wednesday. She will present this budget at 11 am. Everyone’s eyes are going to be on this year’s Union Budget. Talking about the businessmen of Delhi, they are hopeful of relief in the budget of the central government.

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Officials of East Delhi’s Gandhi Nagar Textile Market Association told that the trader has not been able to recover from the impact of GST and Corona. He is hopeful that the central government will give relief to the business class in the budget. Traders say that their business was completely ruined in Corona. Even after the lockdown, the business remained at a standstill for months. Especially in the textile business, the effect of Corona epidemic was more. It took months for the business to come back on track, even today the business is not completely back on track. The businessman is trying to recover from the hit of the Corona epidemic. In such a situation, the traders are expecting relief from the government, so that their business can be helped to get back on track.

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Businessmen say that GST should be reduced. The facilities of traders should be increased. Along with this, there should be relief in many types of taxes imposed on traders. Traders should get rid of tax complications. He says that the government should also take care of the housewives. Running the house has become difficult. The normal price is skyrocketing, the price of domestic gas cylinder is above Rs 1000, the effect of which is that cooking gas is going away from the poor people. Apart from this, there is an effect of inflation in ration as well. All ration items have become expensive. In such a situation, the government should rein on inflation so that people can get relief.

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