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In this video, Raghav Chadha provides an objective analysis of the budget, highlighting both its positive and negative aspects, and offering innovative suggestions to the Finance Minister (1:11-1:16). He titles his speech "The Good, The Bad, and The Way Forward" (1:18). The Good: Increased STT for Derivative Trading (1:29-1:56): Chadha believes this will reduce speculative trading and protect retail investors. Rise in Capex Expenditure Allocation (3:19-3:40): He acknowledges the increase in capital expenditure (Capex) to 12 lakh crore, or 4.4% of GDP, seeing it as a positive step with a multiplier effect. Restraint in Budgetary Announcements for Election-Bound States (3:51-4:09): Chadha appreciates the Finance Minister's restraint in making announcements that often precede elections. Enhancement of NRI Investment Limit (4:09-4:40): He notes the increase in the investment limit for Non-Resident Indians (NRIs) in Indian markets, which will encourage more NRI investment. The Bad: Debt to GDP Crisis (4:51-6:13): Chadha criticizes the government's change in debt-to-GDP formula, stating it allows for more debt and doesn't account for off-balance sheet items. No Change in Income Tax Slab (6:16-7:02): He expresses disappointment that there was no revision in income tax slabs or standard deductions, which impacts the middle class. No Relief for the Middle Class (7:05-8:11): Chadha highlights that personal income tax collection now exceeds corporate income tax, yet the middle class, which bears this burden, receives no relief despite rising costs of education, healthcare, rent, food, and transport. Low Budgetary Allocation to Health (8:14-10:05): He points out that only 2% of total government expenditure is allocated to health, which is far below the National Health Policy's goal of 2.5% of GDP. He stresses the dire state of public hospitals and the financial burden of private healthcare. The Way Forward (Suggestions): Put all Land and Property Records on Blockchain (10:20-12:29): Chadha proposes a blockchain-based land registry to bring transparency, reduce disputes, and unlock wealth. Inflation-Linked Salary Revision Act (12:34-14:10): He suggests mandating wage indexation to inflation to protect real wages for the salaried class, citing examples from other countries. State Capital Expenditure Matching Grant (14:17-16:09): Chadha recommends that the central government provide matching grants, not loans, to states for capital expenditure to boost infrastructure and economic growth. Legalize Virtual Digital Assets as an Asset Class (16:11-18:24): He advocates for legalizing and regulating virtual digital assets (like cryptocurrencies) to bring offshore trading back to India, increase tax revenue, and protect investors.