1. Budget 2016: Pro-farmer tilt is an accounting gimmick by Narendra Modi govt, says Congress

Budget 2016: Pro-farmer tilt is an accounting gimmick by Narendra Modi govt, says Congress

Budget 2016: Congress has accused the government of doing an "accounting gimmick" of shifting Rs 15,000 crore interest subvention previously listed under Finance Ministry to Agriculture Ministry to project a pro-farmer budget. "So govt does an accounting gimmick to show a pro agri budget? 15k cr int subvention previously listed under Fin Min now shifted to Agri Min (sic)," Political Secretary to Congress President Ahmed Patel said in a tweet.

By: | Published: March 2, 2016 3:17 PM

Budget 2016: Congress has accused the government of doing an “accounting gimmick” of shifting Rs 15,000 crore interest subvention previously listed under Finance Ministry to Agriculture Ministry to project a pro-farmer budget. “So govt does an accounting gimmick to show a pro agri budget? 15k cr int subvention previously listed under Fin Min now shifted to Agri Min (sic),” Political Secretary to Congress President Ahmed Patel said in a tweet.

He claimed that after the defeat of the NDA, in Assembly polls Bihar, it wants to create an image of being pro-poor and pro-farmers but their words and actions are “clearly conflicting”.

Patel told PTI that a reading of their budget documents shows that “they have not been able to meet expenditure under agriculture and social sector heads”.

“Today, the most pressing problem confronting our farmers is falling Minimum Support Prices and acute drought. The budget is silent on both these accounts. While the government could announce a bailout for bank NPA’s, what prevented it from announcing a bailout for drought-hit farmers?” he asked.

Taking a dig at the government, he remarked “Their idea to increase farmer income without raising MSP is like expecting a patient to recover without medicines.”

Besides, he said, reduced allocations in capital expenditure for Defence, External Affairs and Home are “not in the best interest for our nation.”

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