Congress on Monday described the Interim Budget as "remarkable" while voicing confidence that its various allocations coupled with the government's performance would help the party hop back to power in the next Lok Sabha elections.

"Any objective observer would applaud the remarkable Budget of the United Progressive Alliance government... It is an Interim Budget and we will be back in power in June to take it forward..." party spokesman Abhishek Singhvi told reporters.

He said that all parameters - schemes for the 'aam aadmi,' flagship programmes of the government, sensex, social, health, education and rural development - "it is significantly better than the previous NDA (National Democratic Alliance) government".

The spokesman rejected opposition charges that it was an election Budget saying, "although there is no constitutional inhibition, the FM has given a report card of the government and the comprehensive programmes which it has initiated. The FM did not announce any new schemes deliberately so that no one can make any allegation," he said.

On the complaint of the industry that the Interim Budget has not found any solution to job losses, Singhvi said in two months, you cannot find solutions.

"This is a copybook FM...highly principled government. We are confident that we will come back to power in June to take the policies and schemes forward," Singhvi said.