Budget 2024: The Congress and varied opposition events criticised the Budget, stating that it fails to offer aid to the poor and provides no aid to the middle class, other than self-congratulatory rhetoric. They argued that the Budget lacks substantial measures to deal with key considerations
While the Samajwadi Party known as it BJP’s ‘farewell finances’, the Congress stated this was solely carried out as an administrative train to guarantee that the federal government of India has requisite funds to hold out its common actions.
Here’s how Opposition leaders reacted
Congress Lok Sabha MP Adhir Ranjan Chowdhury stated that the Union Budget can not and doesn’t point out any coverage resolution. “But the way the government has presented the budget, it clearly suggests the policy of this government. It is an interim budget and it cannot reflect any policy matter of this government,” he stated.
Terming this BJP’s ‘farewell finances’, Samajwadi Party chief Akhilesh Yadav the finances is ineffective because it has noting for the event of the individuals. “If any budget is not for development and any development is not for the people then it is useless. The BJP government has created a shameful record by completing a decade of anti-people budgets, which will never be broken again because now is the time for a positive government to come. This is BJP’s ‘farewell budget’,” stated Yadav.
Former National Conference chief Farooq Abdullah stated that it is an interim Budget, so do not anticipate a lot from it.
Disappointed with the interim Budget, DMK chief Dayanidhi Maran stated that nothing a lot change has occurred. “The Finance Minister took a long time to hail praises but delivery was zero. They are going to present a white paper on the previous government. Nothing much has happened in the last 10 years. The people of the country are already disappointed. Moreover, you realise that performance incentives are given to the bridge companies, and not going to the deserving ones. People are rejected with this budget.”
“This is only an interim (budget), vote-on-account, and this was only done as an administrative exercise to make sure that the government of India has requisite funds to carry out its regular activities,” stated Congress MP Karti P Chidambaram
He additional stated that it was a mere administrative train to make sure that the federal government of India has the requisite funds to hold on its regular enterprise till the brand new parliament is constituted and a brand new authorities is shaped. “And that’s what they have done, except for making their obligatory self-congratulatory, self-praise phrases, nothing else is there and nothing should have been there, and rightly so. Nothing is there.”
Congress MP Gaurav Gogoi stated that this finances didn’t embrace something for the middle class and the poor.
Congress MP Manish Tewari stated it’s a ‘vote-on-account’ which has just one function to maintain the federal government solvent for the primary quarter of the present fiscal yr. Tewari stated, “This budget only has one motive, which is that the (central) government can work easily in the first quarter of this fiscal year. The main topic of concern is that in the last fiscal year which will end on 31 March 2024, there is a budgetary deficit of Rs 18 lakh crore.”
“What’s worrying is that there is a budget deficit of Rs 18 lakh crores. This means that the government is borrowing for its expenditure. This number is only going to increase next year,” he added.
Congress MP Shashi Tharoor stated that the finances speech was each brief and disappointing, including trhat there was little or no of substance, main omissions and many points weren’t even touched about. “It was one of the shortest speeches on record in the Budget. Not very much came out of it. As usual a lot of rhetorical language, very little concrete on implementation…She talked about foreign investment without acknowledging that that investment has come down significantly. She talked about a number of things which are couched in vague language like ‘confidence’ and ‘hope’ and so on. But when it comes to hard figures, very few figures available…This is going to be a very disappointing speech in terms of being couched entirely in generalities and without enough substance nor any willingness to address the specific problems of the economy,” he added.
“Where was the budget? Nothing new was announced,” ask MP Danish Ali.
Shiromani Akali Dal chief Harsimrat Kaur Badal stated, “There was nothing in the Budget. One thing I appreciate is that since it’s a pre-poll Budget, freebies will be announced; they didn’t do that but they patted their own back.”
