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Economy 01-Feb, 2025

CVoter Snap Poll: Fluctuating Trust on Central Government's Performance on Economy

By: Team CVoter

CVoter Snap Poll: Fluctuating Trust on Central Government's Performance on Economy

During the UPA era (MMS & PC), approval declined sharply, with the percentage of respondents who felt the government performed “Much better than expected” dropping from 24.9% in 2010 to just 5.8% in 2013. The Modi government’s initial years (NaMo & AJ) saw a resurgence in optimism, with 38.5% in 2015 and a peak of 54.9% in 2017 rating performance.

CVoter Snap Poll on Budget 2026 reflects public perception of the Central Government’s economic performance from 2010 to 2025 under different leaderships. During the UPA era (MMS & PC), approval declined sharply, with the percentage of respondents who felt the government performed “Much better than expected” dropping from 24.9% in 2010 to just 5.8% in 2013. Meanwhile, dissatisfaction surged, with “Worse than expected” responses rising from 37.5% to 75.0%, indicating declining confidence. The Modi government’s initial years (NaMo & AJ) saw a resurgence in optimism, with 38.5% in 2015 and a peak of 54.9% in 2017 rating performance as “Much better than expected.” However, this enthusiasm faded by 2019, with the figure dropping to 37.7%. The second Modi administration (NaMo & NS) saw growing dissatisfaction post-2020, likely due to economic challenges, including the pandemic’s aftermath. By 2025, only 29.2% believed the government exceeded expectations, while those disappointed with economic performance increased to 46.3%.

The data tracks personal income trends from 2010 to 2025, highlighting shifts in financial well-being. A significant share of respondents reported stagnant income while expenditures increased, peaking at 57.4% in 2022 before declining to 46.3% in 2025. The share of people whose income increased but expenses rose as well fluctuated between 20% and 30%, indicating limited financial gains. Meanwhile, those experiencing a decline in income while expenses increased remained high, reaching 31.7% in 2021 and 19.1% in 2025, reflecting economic strain. A small fraction (2–6%) reported income growth with stable or reduced expenses, suggesting that only a few experienced real financial improvement. The share of people whose income and expenses remained unchanged was consistently low, while those facing income drops with stable expenditures ranged between 3–13%, peaking in 2017. The overall trend shows that rising expenditures, without proportional income growth, have been a persistent issue, particularly post-2020, indicating inflationary pressures and economic difficulties affecting household finances. While there is slight improvement in recent years, financial stability remains a concern for a significant portion of the population.

 

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