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Arun Jaitley presented the Narendra Modi dispensation's third Union Budget. While the Bharatiya Janata Party (BJP) and other NDA constituents were all praise for it, others begged to differ. We look here at what the naysayers had to say. Here are the top 5 points to note:
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Budget 2016: Critics have dismissed the Union Budget 2016 as a 'wasted opportunity', the Opposition has called it as 'just housekeeping' with 'hollow promises' which will fool neither farmers nor weaker sections. Former FM P Chidambaram described the budget as a "wasted opportunity" and alleged that in the last two years, the government had turned its back on rural India, the agriculture sector, and the social sector programmes.
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Budget 2016: Delhi Chief Minister Arvind Kejriwal said the budget did not address the concerns of the farmers and the middle class and accused the Modi government of "cheating" them while questioning the black money amnesty scheme. Kejriwal claimed that loans of industrialists have been "waived" in the Budget and wondered why a similar relief has "not been" extended to the farmers. (PTI)
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Budget 2016: Congress said it has "failed to create an immediate stimulus" to address economic challenges including employment generation. (PTI)
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Budget 2016: Rahul Gandhi said that the budget "lacks both vision & conviction" and that the exercise was a list of "new promises without any account of the failure of tall promises made in last 2 budgets". Gandhi reminded the Modi government that it had "mocked" Congress earlier on MGNREGA but now the NDA government has increased the allocation of rural job flagship scheme by over Rs 3,800 crore in 2016-17. "Modiji spent the first 2 years mocking the Congress Party's focus on farmers, MNREGA, Rural dev & social spending. Now mere rhetoric, without vision or action, will fool neither farmers nor the poor of this country," Rahul Gandhi said. (PTI)
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Budget 2016: Accusing the Modi government of pursuing "regressive" policies, Left parties said the budget was "full of hollow promises and that it would further deepen agrarian distress in the country. "As with the previous two budgets, this budget of the Modi government is again full of hollow promises and slogans. The numbers just don't add up. "FM says Budget is about fulfilling 'desires & dreams' but it has no vision. The dead certainty from it is of a shrinking economy," CPI-M general secretary Sitaram Yechury said.(PTI )
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