Reason of tax slab 12 lakh this budge is the best decision

Market are run by consumer. If there is no demand there will be no supply. Demand happens when salaried employees have some surplus. The decision to keep a 12 lakh no tax limit is best for banks as reason being people will have more money to repay the loans they have defaulted. People will be ready to borrow some money and try there own business in small scale as they have surplus from salary. FMCG obviously will be happy with the decision. Travel will also boost as now people will visit different places as they will have surplus. Less salried employee who never had money left to buy term insurance and medical insurance will opt for it provided government spread knowledge and good scheme for it. Only disadvantage is inflation and thats what government has to ensure is on control or else everything will collapse