Letters to The Editor — February 2025

Real relief?

The Union Budget 2025 has offered some relief to the middle class by easing the tax burden on savings. However, the reality remains unchanged — the middle class continues to shoulder a significant share of direct and indirect taxes. In return, they expect more than just token benefits: they seek well-maintained roads; they seek quality education, and, most importantly, they seek accessible and efficient health care. The question is will the government prioritise these essential services?

Anush D’Cunha S.J.,

Thiruvananthapuram

The Economic Survey

The Economic Survey’s recommendations on coal plants would be god-sent news for the country’s beleaguered thermal sector. The return of Donald Trump to the White House offers hope for the sector. We all know that Mr. Trump is not a big votary of climate accords, hence, the pressure on India to adhere to agreed carbon emission levels may not be so severe. According to current estimates, India’s coal reserves are expected to last for around 100 years, based on current consumption levels, and it is only fair to expect that thermal energy will retain its supremacy in India’s energy mix. However, the responsibility that rests on our policymakers is all the more valid now. There has to be impetus to research clean coal technologies. All thermal power utilities should be monitored closely for their adherence to emission standards. The deadline for installation of flue gas desulfurisers should be viewed in all seriousness.

S. Vasudevan,

Srirangam, Tamil Nadu

The Economic Survey has, among other things, highlighted mental issues that arise from long hours of work and the stress involved. Studies have, time and again, proven beyond doubt that long hours of work cause stress and result in anxiety and depression. The IT and banking sectors in India are two main areas where employees put in close to 50 to 70 hours per week. This not only affects their physical and mental health but also deprives them of regular family time. It is no exaggeration to say that many brilliant youngsters in India do look at options overseas also keeping in mind the balance between work and personal time.

P.G. Mathew,

Kochi, Kerala

Unlike previous years, the Survey this time appears to be comprehensive and sounds positive. It has made some path-breaking suggestions such as de-regulation for ease of doing business especially in the MSME sector, and even covers the mental well-being of employed youth. What could have been included is widespread corruption prevalent in all walks of life encountered by the common man.

A.V. Narayanan,

Chennai

There is absolutely no denying that firms need to earn profits to ensure that the wheels of business flow smoothly (“Higher profit share, stagnant wage growth slowing economy: Survey”, February 1). That said, entrepreneurs should give labourers reasonable wages to help them lead a decent life.

Needless to say, the propensity to consume (ratio of consumption to income) is high in the case of labourers which is important for boosting consumption demand, private investment, employment and output in the economy.

S. Ramakrishnasayee,

Chennai