53% think Union Budget 2017 will boost economic growth: Inshorts-IPSOS Poll


Pulse of the Nation - Union Budget 2017 poll garners participation of 1.15 lakh users
·  42% respondents rated Budget – 2017 as a good budget; 31% rated average; 12% rated poor
·  37% respondents said Union Budget 2017 met their personal expectations; 36% voted it didn’t
·  36% respondents think Union Budget 2017 is Pro – Middle class; 24% pro-Poor; 12% pro-rich
·  53% respondents think Union Budget 2017 will boost growth, 22% disagree
·  38% respondents think India can achieve 8% growth rate in 2019; 38% disagree
New Delhi: In order to gauge the public’s feedback to the recent Union Budget 2017 – 18, India’s highest-rated news app - Inshorts along with global market research firm IPSOS, conducted a comprehensive poll on the Inshorts app which garnered over 4.97 Lakh responses from over 1.15 Lakh app users. The poll was conducted on the app from 10th Feb - 12th Feb 2017.
Commenting on the poll, Azhar Iqubal, CEO & Co-Founder, Inshorts - said, “The Union Budget has a direct impact on the economic growth of the country and the livelihood of all citizens. With the Union Budget edition of the Pulse of the Nation Poll, we have tried to reflect upon the point of view of urban Indians on Budget 2017-18 and if they see it as an enabler to India’s growth story.
Parijat Chakraborty, Head IPSOS, Public Affairs, India said, “The budget had a mixed reaction with equal share of people having expectations met vis those disappointed. Similarly, people are clearly divided into two polarized groups on India’s achieving 8% growth rate in 2017 with equal share of people are optimistic and pessimistic about it. However, it seems the government continues to enjoy mass confidence as a clear-majority thinks it is a good budget and more than half of them are confident of it boosting growth.”
The key findings of the Pulse of the Nation Poll are as follows:
  • When asked How do you rate the Union Budget 2017?, out of the1,10,767 users who responded to the question, 42% voted GOOD, 31% voted AVERAGE, 12% voted POOR and 14% respondents voted CAN’T SAY.
  • When asked Has the Union Budget 2017 met your personal expectations?, out of the 1,05,125 users who responded to the question, about 37% users voted YES, 36% voted NO and about 26% voted same as CAN’T SAY.
  • When asked According to you Union Budget 2017 is?, out of the96,844 users who responded to the question, 24% voted Pro-Poor, while 36% voted Pro-Middle class, only 12% voted Pro-Rich and 26% voted same as CAN’T SAY.
  • When asked Do you think the Union Budget 2017 will boost growth?, out of the 93,671 users who responded to the question, 53% voted YES, while 22% voted NO, and 24% voted same as CAN’T SAY.
  • When asked Do you think India will be able to achieve 8% growth rate in 2017?, out of the 91,384 users who responded to the question, 38% voted YES, also 38% voted NO, and 22% voted same as CAN’T SAY.
More than 80% of these users were below the age of 35 and belong to one of India’s top 10 metros that include New Delhi, Mumbai, Bengaluru, Chennai, Kolkata, Pune, Hyderabad, Ahmedabad, Chandigarh and Lucknow.
Any further queries about the poll can be addressed to poll@inshorts.com
About Inshorts:
Inshorts is India's highest-rated news app with more than 6 million downloads on Android and iOS. The application was founded in 2013 by a team of 3 IITians - Azhar Iqubal and Anunay Arunav of IIT Delhi, and Deepit Purkayastha of IIT Kharagpur, two of whom dropped out of college to build it. Currently, the app serves more than a billion page views every month. Formerly called News in Shorts, the company rebranded itself as “Inshorts" and recently raised a Series B round of $20 million from Tiger Global Management.” In its new avatar, the application is transitioning from being a news aggregator to a content discovery marketplace for short form content. The app was also featured in Google’s top 50 apps for 2015.
About IPSOS:
IPSOS ranks third in the global research industry. With a strong presence in 87 countries, IPSOS employs more than 16,000 people and has the ability to conduct research programs in more than 100 countries. Founded in France in 1975, IPSOS is controlled and managed by research professionals. They have built a solid Group around a multi-specialist positioning – Media and advertising research; Marketing research; Client and employee relationship management; Opinion & social research; Mobile, Online, Offline data collection and delivery - IPSOS has been listed on the Paris Stock Exchange since 1999.

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