NDA successfully unleashed India’s creative energies through all-round infrastructure growth, low inflation that ensured prices of essential commodities were held down, and low interest rates. All this was achieved while keeping tax rates low.
This Budget has reversed all these gains. The Economic Survey identified infrastructure and inflation as the biggest concerns for the economy. The Budget has chosen to ignore both these warnings. The Government which tom-toms its so-called commitment to the Aam Aadmi, has provided only Rs.4000 crores - just 1% of the Budget – for Agriculture which contributes 24% of India’s GDP.
At a time when farmers’ suicides have assumed alarming dimensions, a Budget that callously ignores the Kisan, deserves all-round condemnation. It is a Budget that ignores the Kisan, punishes the middle class and gladdens only the affluent.
This Budget has reversed all these gains. The Economic Survey identified infrastructure and inflation as the biggest concerns for the economy. The Budget has chosen to ignore both these warnings. The Government which tom-toms its so-called commitment to the Aam Aadmi, has provided only Rs.4000 crores - just 1% of the Budget – for Agriculture which contributes 24% of India’s GDP.
At a time when farmers’ suicides have assumed alarming dimensions, a Budget that callously ignores the Kisan, deserves all-round condemnation. It is a Budget that ignores the Kisan, punishes the middle class and gladdens only the affluent.
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