28.1 C
New Delhi
Sunday 7 June 2020

Opposition parties term budget as inflationary, destructive



New Delhi: Congress president Rahul Gandhi today hit out at the government over the Union Budget, saying only promises were made in the past four years and “thankfully” just one year of the Modi dispensation is left.

Taking to Twitter, Gandhi said four years of the NDA regime are over but it continues to only promise farmers about a fair price to their produce.

He alleged the government came out only with fancy schemes during this period and did not provide employment to the country’s youths.

“4 years gone; still promising FARMERS a fair price. 4 years gone; FANCY SCHEMES, with NO matching budgets. 4 years gone; no JOBS for our YOUTH. Thankfully, only 1 more year to go. #Budget2018,” he said on Twitter.

Trinamool Congress (TMC) leader Derek O’Brien today termed the Union Budget as a “super flop” and a “dying declaration” of a government whose “time is up”.

His comments came after Finance Minister Arun Jaitley presented the 2018-19 Budget in the Lok Sabha. This is the government’s last full Budget before the general elections.

“It is a super flop, a big bluff show. This Budget is the dying declaration of a government whose time is up,” the TMC leader said.

The Sharad Pawar-led Nationalist Congress Party (NCP) described the Union Budget as “disappointing” and claimed that it would increase inflation and hurt the common man.

“The budget proposals will pinch the pocket of the common man,” party spokesman Nawab Malik said.

“The (Narendra) Modi government is running away from the basic responsibility of providing health services and is handing over the sector to the insurance companies,” he added.

Ridiculing the budget proposal to increase farmers’ income, Malik said, “Even the minimum support price announced earlier was not paid to the farmers. This is nothing but a ‘jumla’ (gimmick) budget.”

The NCP leader also criticised the BJP-led government for initiating strategic disinvestment in 24 public sector undertakings (PSUs), including Air India, by setting Rs 80,000 crore as the disinvestment target for 2018-19.

“This budget has been tabled to sell off government resources to private companies,” he alleged.

Congress leader P Chidambaram today said Finance Minister Arun Jaitley had failed the fiscal consolidation test in Budget 2018-19 and this would have serious consequences.

The former finance minister said the fiscal deficit limit of 3.2% in 2017-18 had been breached and was estimated at 3.5%.

“The finance minister fails the fiscal consolidation test and this failure will have serious consequences,” Chidambaram said soon after the finance minister completed his budget speech.

Attacking the BJP government at the Centre for presenting a “destructive budget”, Samajwadi Party chief Akhilesh Yadav said today that in its last Union Budget before the next general elections the saffron party has shown it “favours” capitalists.

“In its last budget, the BJP has shown it only favours the capitalists. Now people will reply,” he said.

“It’s a slap on the face of traders, women, working class and the common man. The poor, farmers, labourers are disappointed.

This is an arrogant and destructive budget, which ignores problems of the masses,” he said.

Yadav’s comments came after Finance Minister Arun Jaitley presented the 2018-19 Budget in the Lok Sabha. This is the government’s last full Budget before the general elections, due next year.

The RJD today alleged that there was “nothing” for Bihar in the union budget presented by Finance Minister Arun Jaitley and squarely blamed Chief Minister Nitish Kumar for the alleged “stepmotherly treatment” meted out by the Centre.

“The budget contained nothing for Bihar. The state got nothing despite promises of a special package and a special status. Nitish Kumar should tell us whether this is the double engine for him. It is because of him that the Centre is meting out stepmotherly treatment to Bihar”, RJD leader Tejashwi Yadav said in a tweet.



Leave a Reply

For fearless journalism

%d bloggers like this: