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Home BUSINESS

Union Budget Disappointing: Congress

Images News Netwok by Images News Netwok
July 6, 2019
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Jammu, July 05, 2019:  Congress termed the union budget as full of hollow promises and fake claims but offering nothing new to the common man especially lacks any vision for job creation besides leading to farther price hike.

Reacting to the budget speech of Union Finance Minister, JKPCC has said that this is first such budget which does not present figures of budgetary allocation like in the past. Budget is an exercise of Arithmetic figures but that has not been presented in the main budget, JKPCC Chief Spokesperson Ravinder Sharma said.

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He said  budget indicates towards further inflation and price hike, as the petrol, diesel, construction material, books, newspapers and even gold and silver used for ornaments has gone up. He said there is no initiative towards the employment problem which is serious as unemployment rate saw 45% high in Modi regime.

The promise of doubling the income of farmers has proved to be hollow and except allocation for the already financial support scheme, no major thrust on agriculture and any increase in MGNREGA  wages was seen. Whereas 300% in UPA for wages under MGNREGA shows the initiatives of UPA Govt. towards farm labour and agriculture sector.

He said that budget also indicates towards privatization especially in Railway sector as PPP mode is the main theme of Modi Govt. to please the private sector.

He further said that there is no relief to poor, low income and middle income group population of the country in the budget.

He said that claims of 5.6 lac villages getting open defecation free does not hold true, as neither there proper source or supply of water nor those who constructed out MGNERGA schemes have got the payment so far.

He described the budget as disappointing for the common man, especially youth, farmers and women and does not match the claims and dreams of the government.

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