Aam Aadmi Party MP Raghav Chadha on Monday urged the creation of a statutory mechanism that would automatically ensure automatic inflation-based wage adjustments across corporates, factories, and gig workers.
He argued that while government employees benefit from dearness allowance and periodic pay commission revisions, most workers in India's formal sector lack any legally mandated inflation protection, leaving their wage growth largely dependent on employers.
Concerns Over Foreign Investor Exit
Welcoming the Budget's decision to enhance NRI investment limits, Chadha questioned why foreign institutional investors (FIIs) were pulling out of Indian markets. He claimed the move followed foreign portfolio investors withdrawing nearly USD 23 billion in the previous financial year. While calling the higher NRI investment limit “positive,” he urged the government to address deeper structural issues causing sustained foreign investor exits.
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Criticism Over Lack of Relief for Middle Class
Chadha criticised the Budget for not revising income tax slabs, calling it a “major disappointment” for the salaried middle class. He also raised concerns over low public health expenditure, noting that India spends only around 2 per cent of total government expenditure on healthcare. This, he said, is far lower than nations such as the US, Germany, the UK and Japan, which allocate significantly higher proportions of GDP to health systems.
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Push for Blockchain-Based Land Registry
Among his other recommendations, Chadha proposed placing all land and property records on a blockchain-backed digital registry. A transparent, time-stamped and tamper-proof system, he said, would reduce disputes, strengthen legal clarity and curb fraud in land dealings.
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