Wednesday, 23 June 2021, 07:02:23 am
Government has provided incentives for growth in agriculture, exports and IT sectors

Dr. Aliya Hashmi (Economist): It was a balanced budget as the government has provided incentives for growth in agriculture, exports and IT sectors. Another element highlighted in the current budget is social protection as the government has allocated a significant amount for the schemes under Ehsaas program. The PTI government is aware of the fact that its decision of increase in salaries is applicable on formal workers. So, the sufferings of informal workers can be mitigated through Ehsaas program’s cash assistance scheme. The government has also increased the salary of government employees and minimum wage has been raised from Rs. 17,500 to Rs. 20,000 per month which is a positive development. It seems the budget was well designed without any influence of IMF conditions and the government has tried its best to provide maximum relief to the masses. Now, imported cars will also be in the purchasing range of middle-class families as the government has provided a waiver on cars below 850 cc.