'Interim budget failed to address meltdown issues' | kolkata | Hindustan Times
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'Interim budget failed to address meltdown issues'

The interim budget presented by External Affairs Minister Pranab Mukherjee did not address the problem of rising unemployment in the country due to global economic crisis, West Bengal Finance Minister Asim Dasgupta said

kolkata Updated: Feb 16, 2009 19:38 IST

The interim budget presented by External Affairs Minister Pranab Mukherjee did not address the problem of rising unemployment in the country due to global economic crisis, West Bengal Finance Minister Asim Dasgupta said in Kolkata on Monday.

"The budget failed to address consequences related to global economic crisis," he told reporters at the Writers Buildings - the state secretariat.

He said the central government need to "seriously" review the economic policies formulated by it.

Though the government has declared its plans for National Rural Employment Guarantee Act, irrigation and other rural development schemes, that could not address the problems faced by the state governments on these accounts, he added.

"We know there are certain limitations of the interim budget. We hope all these problems will be addressed properly when the full budget is done after elections," Dasgupta said. "We hope the main budget will be done more democratically."