The Congress on Monday said the Narendra Modi government had failed miserably to take measures required to revive the economy and that the Union Budget had deceived the poor, working class, farmers, and small industries.
Arguing that the government had inflicted a cruel blow on the citizens and the farmers by imposing cess on a large number of products, including petrol and diesel, instead of providing relief in these difficult times, former finance minister P. Chidambaram said: “Finance minister Nirmala Sitharaman had promised a budget ‘like never before’. The budget was a letdown like never before. The cess of Rs 2.50 on petrol per litre and Rs 4 on diesel per litre is like a vengeful act against the thousands of farmers who took out the longest tractor rally in history. It was also a cruel blow to federalism because the states do not get a share of the revenue from cesses.”
Budget a letdown like never before, says Chidambaram
By IANS |
Published on
Mon, Feb 1 2021 18:06 IST |
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New Delhi: Former Finance Minister and Congress leader P. Chidambaram addresses a press conference after the presentation of the Union Budget 2020-21 by the current Finance Minister Nirmala Sitharaman in the Parliament; at the party s headquarters in. Image Source: IANS News
New Feb 1 : Congress leader and former finance minister P. Chidambaram said the Budget presented by Finance Minister Nirmala Sitharaman on Monday is an act of deception with people.
The imposition of a cess will have wide ramifications, said Chidambaram on Monday, addressing a press conference jointly with Congress general secretary Randeep Singh Surjewala. It is against the federal structure, as states do not get the share of the cess. The government has ignored the poor, migrant workers and labourers and the Budget is a letdown like never before, Chidambaram further sa
Union budget a let down like never before: Chidambaram shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.
Budget let down like never before, farm sector shortchanged, fiscal situation a mess: Chidambaram
Referring to tax changes, he said each one of the measures announced by Sitharaman ill benefit only the taxpayers among the richer classes.
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NEW DELHI: Alleging that Finance Minister Nirmala Sitharaman has deceived the people, especially the poor in the union budget presented on Monday, Congress leader P Chidambaram said farm sector has been shortchanged, the fiscal situation is in a mess and the government has shown its unconcealed desire to sell-off all public sector banks .
Addressing a press conference here, he said there was no mention of defence in the budget speech and the mind-boggling figure of Rs 223,846 crore for heath was a conjurer s trick .