News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 3 years ago
Home  » News » Case of wrong diagnosis and prescription: Cong on Budget

Case of wrong diagnosis and prescription: Cong on Budget

Source: PTI   -  Edited By: Roshneesh Kmaneck
February 01, 2021 14:15 IST
Get Rediff News in your Inbox:

The Congress on Monday strongly criticised the Union budget, saying Finance Minister Nirmala Sitharaman's speech was oblivious to the declining GDP and the budget was a case of "wrong diagnosis and prescription".

IMAGE: People watch Finance Minister Nirmala Sitharaman present the Union Budget 2021-21 on television sets, during the Budget Session of Parliament, at an electronics store in Patna. Photograph: PTI Photo

"The FM could have been brave but chose to be timid. The nation needed a bold budget and more direct transfers to the weaker sections to revive demand, restart job creation," senior Congress leader and Deputy leader of Opposition in Rajya Sabha Anand Sharma tweeted.

The budget is "disappointing" and without a roadmap for accelerating growth and revival of consumer demand, he said.

 

Congress spokesperson Manish Tewari also alleged that the budget was a "national monetisation plan -- short hand for National Sell out" and there was "no central focus in Budget".

"FM's Talkthorn (sic) oblivious that growth rate of GDP is in a record 37th month decline.Worst Crisis since 1991. Except for a National Monetisation Plan - short hand for National Sell out no Central Focus in Budget. Bottom line-Will not grow economy but sell the family silver," he tweeted.

Senior Congress leader Shashi Tharoor also took a dig at the Centre over the budget, saying "this BJP government reminds me of the garage mechanic who told his client, 'I couldn't fix your brakes, so I made your horn louder'."

Another Congress spokesperson Jaiveer Shergill said the budget has left the middle class "bruised and wounded" by not changing tax slabs, not increasing deductions, not making new deduction slots like home loans, not bringing fuel under GST, not sharing Rs 19 Lakh crore gain from fuel taxes, not reducing GST rates.

"After promising a century, FM is out hit wicket at Zero!! Instead of calling it as 'budget of the century' it will be remembered as 'blunder of the century' by BJP Govt #Budget2021," he tweeted.

"Budget case of 'wrong diagnosis and wrong prescription' by BJP government which instead of healing, reforming and rejuvenating has chosen to adopt damaging, disappointing and destroying approach to push the economy further into vortex of recession," he tweeted.

Get Rediff News in your Inbox:
Source: PTI  -  Edited By: Roshneesh Kmaneck© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 
Jharkhand and Maharashtra go to polls

Two states election 2024