14.9 C
New Delhi
Monday 16 December 2019
India Opposition parties term budget as inflationary, destructive

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.

PTI

Subscribe to our newsletter

You will get all our latest news and articles via email when you subscribe

The email despatches will be non-commercial in nature
Disputes, if any, subject to jurisdiction in New Delhi

Leave a Reply

Opinion

Justice That Is Instant Is Travesty

But neither the state nor society can wash their hands off this social craving for settling scores in the name of doing justice to the victim

Karnataka Voters Punished INC, JDS Leaders

Even the BJP was not confident of the result even as their leaders kept saying for public consumption they were winning all the 15 seats

The United States Of The World

The United States, stereotyped as the land of plenty and plentiful guns, is still a destination of choice for people from across the world

प्याज़ के आँसू न रोएँ — महंगाई से किसान, उपभोक्ता दोनों को फ़ायदा

जिस अल्प मुद्रास्फीति की वजह से वे सरकार से बहुत खुश थे, उसी 1.38 प्रतिशत की खाद्यान्न मुद्रास्फीति के कारण किसानों को अपने पैदावार के लिए समुचित मूल्य नहीं मिल रहे थे

CAB Can Correct Wrongs Of NRC

… if the government can fix the inept bureaucracy and explain what happens to those marked as aliens, as the neighbours are not taking them back
- Advertisement -

Elsewhere

NEFT transaction 24×7 beginning 16 December

NEFT is a method of online transaction, in which you can transfer to another bank account up to Rs 2 lakh online at a time

Decision to amend Citizenship Act 1,000% honest: PM Modi

'We have brought this law to give citizenship to minorities of Pakistan, Afghanistan and Bangladesh who have endured a lot of persecution'

Nirbhaya case convicts: Why 2 will take longer to die

Further, a source in the jail said while four rapists and killers of Nirbhaya are supposed to hang on one day, they have ordered 10 ropes

India to begin ODI series as favourites against West Indies

Shimron Hetmyer and Nicholas Pooran have shown their ability in T20; if the WI must challenge India, they will have to do the same in ODIs

‘Rahul Savarkar’ remark riles INC ally Shiv Sena

More newsworthy than the BJP's response that Rahul cannot even dream of being a Savarkar is the protest by Shiv Sena, INC's ally in Maharashtra

You might also likeRELATED
Recommended to you

For fearless journalism

%d bloggers like this: