By Soumya Ranjan 
High prices, crippling tax rates along with shrinking incomes are forcing this crucial demographic to swallow its ambitions, affecting india’s growth story. How budget 2025 can end their economic distress
P rakash Bhasi, a 54-year-old specialist with a bundling organization in Mumbai, doesn’t have the foggiest idea what to do. Several years back, he had figured the family pay of Rs 22 lakh a year would be all that could possibly be needed to meet the costs of his three-part family. Indeed, he needed to pay Rs 45,000 as EMI for the 1BHK loft he had purchased in Navi Mumbai a long time back, and he likewise sent his older guardians in Coimbatore Rs 10,000 consistently towards their everyday costs. Be that as it may, never did he figure he would need to plunge into his reserve funds. Abruptly, notwithstanding, Bhasi is starting to feel the squeeze. His costs have gone up 30% lately. “On the off chance that I go to the nearby market with Rs 500 close by, I return with practically nothing,” he regrets. Vegetable costs, specifically, have shot up. He goes for the least expensive buyer merchandise, regardless of whether it implies purchasing unbranded stuff. Bhasi has likewise needed to do without his desire of purchasing another vehicle, planning rather to purchase a pre-owned one, at a portion of the expense.