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Budget 2016: Govt says ‘Ye desh ki udaan ka Budget hai’; oppn says price rise hurting common man

Thu March 17 2016, 2:11 pm
  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    Budget 2016: Parliament tonight completed the first stage of the budgetary exercise. Winding up the debate on the Budget in the Upper House, Minister of State for Finance Jayant Sinha said it was for the upliftment of India and countered opposition charge on inflation, saying the government has done a "good job" in managing inflation and the prices of most of the commodities with the exception of pulses have either come down or have remained stable. (Reuters)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    The Appropriation Bill and Vote on Account Bills were passed on the last day of first part of the Budget session after a discussion during which the opposition said the Budget lacks "direction and purpose". Sinha insisted that the government policies were dedicated to the poor and uplifting the last man in the row. (Reuters)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    "Ye desh ki udaan ka Budget hai (this Budget is for the upliftment of the country)," he said, adding the proposals have focused on poor and he farm sector. The Minister further said that the decision to keep the fiscal deficit under check at 3.5 per cent of the GDP for 2016-17 was highly appreciated by the Economist magazine and has also evoked good response from the bond market. (Reuters)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    Brushing aside the opposition criticism that the government has curtailed allocations for social sector schemes, Sinha said "we have earmarked substantial funds for healthcare and irrigation and plans for SC and ST. Earlier, the opposition contended that the budget lacks "direction and purpose" and that it caters to corporate rather than the poor and farmers. (Reuters)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    Digvijay singh says "we have neither applied nor taken any benefit under BPL. This is conspiracy against me and my family."

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    The Congress leader also said the hallmark of this government has been to rebrand the schemes brought by UPA and said 22 such schemes have been rebranded. "No one is bigger than them in the art of lying," he said. (Reuters)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    (PTI)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    Sukhendu Sekhar Roy (TMC) said the budget is not a "poor man's" budget, but that of "crony capitalists". The budget talks of "Cooperative Federalism", but in reality it is "Inoperative Federalism", he added. He added the Centre has tried to "claw" back the share of the states in taxes by increasing cesses and surcharges. Roy said the budget talks of increasing income of the farmers but it has not explained in detail how this can be achieved. (PTI)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    Satish Chandra Misra (BSP) said this government (NDA) said "Sabka Saath Sabka Vikas", but in reality it looks like "Corporate Ka Saath Unka Vikas". He attacked the budget for not allocating more funds for upgradation of schools. Misra said the government's scheme for allocation of Rs 500 crore for scheduled caste, scheduled tribes and women entrepreneurs lacks substance. He added that by announcing such schemes the government cannot claim to have made contributions to Baba Saheb Bhimrao Ambedkar's legacy. (PTI)

  • Budget 2016, Budget 2016 reactions, Budget 2016 reaction comments, govt Budget 2016, union Budget 2016, govt union Budget 2016, jayant sinha, digvijay singh, opposition on Budget 2016

    D Raja of CPI also sought to know why concessions were given to corporates and big businesses. He termed disparity as the main problem being faced by the country. He also spoke of wilfull default on loans by businesses and asked why it can't be made a criminal offence. (PTI)

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