Survey Reveals Rising Discontent Among Indians Ahead of Budget Announcement
POPULAR
A recent survey conducted by polling agency C-Voter indicates that over 37% of Indians expect their quality of life to decline in the coming year, the highest level of pessimism since 2013. The survey, which polled 5,269 adults nationwide, highlights concerns about stagnant wages and surging living costs, particularly persistent food inflation, which has significantly impacted household budgets.
According to C-Voter, nearly two-thirds of respondents reported unchecked inflation and noted that prices have risen since Prime Minister Narendra Modi took office in 2014. Furthermore, more than half stated that inflation has adversely affected their quality of life. Many respondents shared experiences of stagnant personal income over the past year while expenses increased, making financial management increasingly challenging.
As Modi prepares to address these pressing issues in the national budget expected this week, he is anticipated to announce measures aimed at stimulating economic growth and improving disposable incomes for a struggling middle class. The Indian economy is projected to grow at its slowest pace in four years, with discussions ongoing regarding implementation of previously earmarked job creation initiatives.