AAP national convener Arvind Kejriwal on Saturday said he was disappointed that his suggestion to end loan waiver for billionaires and spend the saved money on the middle class and farmers was not met in the Union budget 2025-26.
Kejriwal in a post on X said a large portion of the public exchequer is spent on these waivers. “I am disappointed this was not done,” he said in the post.
Presenting her eighth straight Budget in the Lok Sabha, Union Finance Minister Nirmala Sitharaman laid out a blueprint for “next-generation” reforms, including raising the FDI limit in the insurance sector and simplification of tax laws.
In a relief to the middle class, Sitharaman exempted annual income of up to Rs 12 lakh from income tax and rejigged tax slabs as part of her Budget.
Commenting on this, AAP in a post on X said, “The central government accepted Arvind Kejriwal’s demand for the middle class. Arvind Kejriwal was continuously demanding tax relief for the middle class, for which he had also written a letter to Prime Minister Modi. The central government should also consider the remaining demands of Kejriwal, so that more relief can be given to the middle class.”