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In this video, Rajya Sabha MP Raghav Chadha presents a sharp and balanced analysis of the Union Budget 2026–27 in Parliament. Instead of blind praise or outright criticism, he adopts a constructive framework — “The Good, The Bad, and The Way Forward.” This video breaks down his speech in simple and clear language, making it useful for students, aspirants, and citizens who want to understand India’s economic direction. 🔹 The Good – Positive Steps Appreciated ✔ STT on Derivatives: Supports higher STT to curb excessive speculation in F&O, while suggesting removal of LTCG on equity. ✔ Capital Expenditure Push: Acknowledges the rise in Capex to ₹12 lakh crore (4.4% of GDP). ✔ Fiscal Discipline: Appreciates the absence of populist schemes for election-bound states. ✔ NRI Investment Boost: Welcomes higher NRI investment limits to counter foreign capital outflow. 🔻 The Bad – Critical Concerns Raised ❌ Debt-to-GDP Formula Change: Criticism of relaxed fiscal prudence allowing higher government borrowing (targeting 50% Debt-to-GDP). ❌ No Income Tax Relief: No changes in tax slabs or standard deduction for salaried taxpayers. ❌ Middle-Class Burden: The middle class pays high taxes but receives minimal relief amid rising inflation. ❌ Low Health Budget: Health allocation remains around 2% of expenditure, far below the 2.5% GDP target. 💡 The Way Forward – Innovative Policy Suggestions 🚀 Blockchain Land Registry: Put all land records on blockchain to prevent fraud and reduce court cases. 📈 Inflation-Linked Salaries: Introduce a law to automatically link salary hikes with inflation. 🏗 Matching Capex Grants: Centre should give grants (not loans) to states matching their capital expenditure. 💰 Crypto Regulation: Regulate crypto & virtual assets instead of banning them, to prevent talent and tax loss to countries like Dubai & Singapore. ⏱️ Timestamps 00:00 – Introduction & Opening Remarks 01:32 – STT on Derivatives Explained 03:19 – Capital Expenditure Growth 03:53 – No Populist Announcements 04:11 – NRI Investment Limits 04:49 – Debt-to-GDP & Borrowing Concerns 06:15 – No Income Tax Relief 07:08 – Middle-Class Burden 08:16 – Low Healthcare Allocation 10:19 – Blockchain for Land Records 12:34 – Inflation-Linked Salary Act 14:17 – Matching Capex Grants for States 16:15 – Regulating Crypto & Virtual Assets ⚠️ Disclaimer This video is strictly for educational and awareness purposes. The channel does not support or oppose any political party or ideology. The objective is to simplify and explain parliamentary proceedings for learning and discussion. 📌 Credit Video Source: Sansad TV All rights belong to Sansad TV. This content is used under fair use for educational analysis and commentary. 🔗 Original Video: • RS | Raghav Chadha's Remarks | General Dis... � 🔍 Search Tags Raghav Chadha Speech, Union Budget 2026 Analysis, Rajya Sabha Budget Session, Raghav Chadha English Speech, Middle Class Tax India, Indian Economy 2026, Crypto Regulation India, Blockchain Land Records, Inflation Linked Salary, Parliament Budget Debate, Sansad TV Budget 🔖 Hashtags #raghavchadha #unionbudget2026 #rajyasabha #indianeconomy #middleclass #budgetanalysis #cryptoindia #parliament #sansadtv #theaspirants