NEW DELHI: An investigation has shown that more Indians kept less hope for their quality of life as stagnant wages and higher life costs from disappointing future for the new disappointing news for Prime Minister Narendra Modi Before this week’s annual budget.
More than 37% of respondents in a survey before the budget said they expect the overall quality of life to be deteriorated in the next year, according to the highest percentage since 2013 since 2013 , the results published by the C-Voter survey agency showed on Wednesday. Modi has been Prime Minister since 2014.
C-D-to-have to interrogate 5,269 adults in the Indian states for this investigation. Persistent attractive food inflation has pressed the budgets of Indian households and a tight spending power, and the fifth world economy should display its slowest growth rate in four years.
Almost two thirds of the survey respondents said that inflation was not controlled and that prices had increased since Modi has become Prime Minister, while more than half said that the inflation rate had “negatively Assigned their quality of life.
Modi, in the country’s annual budget this week, should announce measures to consolidate faulty economic growth, raise disposable income and appease an stretched middle class.
Almost half of the respondents said their personal income had remained the same in the past year, while spending has increased, while almost two thirds said that the increase in expenses had become difficult to manage, A indicated the investigation.
Despite the economic growth of the world, the labor market in India offers insufficient opportunities for its large population of young people to gain regular wages.
In the last budget, India has assigned nearly $ 24 billion to spend more than five years on various regimes to create jobs, but these programs have not yet been implemented as discussions on details.
