February 2, 2021: The recent budget for the financial year 2021-22 is up for criticism by the general public. And of course, criticism and memes go hand in hand. So now, memes on budget 2021 are flooding the internet.
Most of the memes were based on the middle-class’s response to the budget. Some others were focused on Rahul Gandhi’s reaction to Nirmala Sitharaman’s speech in the Parliament.
The Indian middle class was hooked onto news channels when the Finance Minister was presenting the annual budget, netizens came out with their own interpretations.
When Union Finance Minister Nirmala Sitharaman was announcing her third consecutive budget, social media users were busy doing what they do best: make memes.
Reason for such overwhelming memes on budget 2021
When the Finance Minister was presenting the annual Budget, netizens came out with their own interpretations. While beginning her budget 2021 speech, the Finance Minister said that it came in the most unprecedented times and the government is geared up to facilitate revival of the economy.
In a first since Independence, the budget was paperless and Sitharaman ditched the traditional Bahi Khata for a Made in India tablet this year.
This budget has brought some good news for the youth as the Central government has proposed to amend the current apprenticeship law to ensure more opportunities. The Modi-led NDA government has also allocated Rs 50,000 crore over five years for this purpose and modalities have been worked out for national research foundation.
Union Budget 2021, announced by Finance Minister Nirmala Sitharaman on Monday, did not bring any relief to the common man as the income tax slabs and rates remained unchanged for FY22.
People have been studying and taking apart and going in-depth into the budget, taking a look at every single thing it mentions and how it will affect different sectors of our country.
In the midst of all this though, budget 2021 was seen to not be as friendly to the Indian middle class as they would have wanted. While there are many changes seen in the healthcare and infrastructure areas, the Income Tax sector saw no change at all this year.
This did not sit well with the Indian middle class who felt ignored by budget 2021 and didn’t feel like it addressed their concerns as well as they wanted. So of course, to vent out their feelings many took to Twitter to talk about it, with many resorting to making memes about how the Indian middle class was treated by budget 2021.
There were also many who just posted about their confusion with the whole topic since they couldn’t understand anything at all only.
Finance Minister Nirmala Sitharaman is currently presenting the Union Budget 2021 in Parliament. It is a busy day for the internet as social media users crowded Twitter with memes in the backdrop of Finance Minister Nirmala Sitharaman’s budget 2021 speech in the Parliament on February 1.
Budget 2021 and IncomeTax are the top trends on Twitter and netizens posted hilarious memes that are doing the rounds of the internet.
Memes on Budget 2021
While presenting the budget, Nirmala Sitharaman announced the Atma Nirbhar Bharat package apart from Rs 4.12 lakh crore towards capital expenditure. She also said that economic corridors are being planned and there will be a major boost to infrastructure projects ahead of Assembly elections in Tamil Nadu, Assam and West Bengal.
The Indian Internet and the middle-class janta of the country were, for the obvious reasons, hooked to the parliament session, one that directly affects them. It was only a matter of minutes that the meme-makers of Twitter imagined the expectations of the middle-class citizens from the budget 2021.
In her speech, Nirmala Sitharaman emphasized the Internet, vaccines and relief for senior citizens as well. Those above 75 years of age with only pension income have been exempted from filing tax returns. The government will also provide Rs. 35,000 crore for vaccination in 2021-22.
As India emerges from the ongoing situation, the ninth budget under the Prime Minister Narendra Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
So overall, the budget is a mixed bag of opportunities for the people of the middle class but the public had been more elated had the income tax slab been more flexible.