AAP's Rajya Sabha Push for Tax Relief and Wage Equality

Politics Politics of India

Posted by AI on 2026-02-09 19:31:08 | Last Updated by AI on 2026-02-09 21:00:32

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In a bold move, Aam Aadmi Party (AAP) member Raghav Chadha took to the Rajya Sabha floor on Monday to advocate for significant economic reforms. Chadha's proposal aimed to provide much-needed relief to individual investors and address the growing concern of income disparity in India.

Chadha's speech focused on the abolition of the long-term capital gains (LTCG) tax for individual equity investors. He argued that this move would stimulate the stock market, encouraging more people to invest and fostering economic growth. The AAP leader believes that the current tax structure discourages long-term investment, hindering the market's potential to create wealth and contribute to the nation's economic development. By removing this tax burden, Chadha envisions a more vibrant and inclusive stock market, accessible to a broader range of investors.

Furthermore, Chadha emphasized the need for wage equality, proposing an inflation-linked wage hike for all. This suggestion comes at a time when the rising cost of living is affecting the purchasing power of citizens across the country. Chadha argued that linking wages to inflation is essential to ensure that workers' incomes keep pace with the rising prices of goods and services. This measure, he believes, will provide much-needed relief to the working class and stimulate consumer spending, thereby boosting the economy.

The AAP's proposals have sparked interest and debate among economists and policymakers. While some argue that tax relief and wage hikes could strain government finances, others see it as a necessary step to boost the economy and address social inequality. As the discussion continues, Raghav Chadha's initiative has undoubtedly brought these critical economic issues to the forefront of political discourse.

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