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Opposition dismisses Budget, terms it pro-rich, pro-corporate

Opposition parties on Thursday said the Narendra Modi government's maiden budget was a "disappointment" and an "anti-poor" exercise which can "benefit only the rich".

india Updated: Jul 10, 2014 21:03 IST
HT Correspondents
HT Correspondents
Hindustan Times

Arun Jaitley's maiden Budget came in for fierce criticism from the opposition parties with the Congress dismissing it as a continuation of UPA's schemes.

Former prime minister Manmohan Singh said the Budget lacked roadmaps for achieving its objectives. "Just like the railway Budget, there are no specifics in this Budget...there are no roadmaps," he said.

Congress president Sonia Gandhi said it was a mere continuation of UPA's schemes. "There is nothing new, they have merely continued our schemes," she said.

In the same vein, Congress vice-president Rahul Gandhi called the Budget a laundry list of Rs 100 crore. "The budget is just a laundry list of Rs 100 crore proposals and is all about usurping UPA government's ideas," he said.

Former finance minister P Chidambaram complimented his successor for "shunning the election rhetoric about the economy as well as the uninformed diatribe" of some of his colleagues. "Welcome to the real world," he said.

Taking a jibe at Prime Minister Narendra Modi, he said the BJP sought a mandate for "Congress Mukt Bharat. My friend, Arun Jaitley, would have realised that it is not possible to have even a Congress Mukt Budget".

Odisha chief minister and BJD chief Naveen Patnaik said the Budget has no focus. "In the current scenario of high inflation coupled with drought like situation, greater focus should have been given to agriculture, irrigation and social sector," he said.

"Crores of people who were expecting 'achhe din' from the Budget are highly disappointed. The finance minister has indicated to the people not to expect good days in the next three to four years," SP's UP spokesman Rajendra Chaudhary said in a statement.

CPM politburo member Sitaram Yechury said the policy directions in the "pay back budget" are aimed at making the rich richer and the poor poorer.

NCP chief Sharad Pawar said, "It is a disappointment, rain of announcements, bunch of words and, lastly, insufficient fuel supply to engine of growth".

Congress's deputy leader in Lok Sabha, Captain Amarinder Singh said the budget was not pro-poor. "It is a corporate budget. There is nothing exceptional that will help the common man facing the brunt of rising prices," he said.

First Published: Jul 10, 2014 17:49 IST