Current Date:02 Mar, 2024

Politics

Politics

Describing the Union Budget 2022-23 as disappointing, P. Chidambaram has said that there is nothing for the poor, the weak, the tribals, the youth, the middle class and it is a completely 'capitalist budget'.

Admin

Budget to enhance capitalist system P Chidambaram

New Delhi. Describing the Union Budget 2022-23 as disappointing, senior Congress leader and former Finance Minister P. Chidambaram said that it has nothing for the poor, the weak, the tribals, the youth, the middle class and it is a completely 'capitalist budget'. .

Responding to the budget at a press conference held at the Congress Headquarters here on Tuesday, Mr. Chidambaram said that no steps have been taken for the common man in this budget, so the public completely rejects this budget. He said that seven, eight important aspects related to the general public were in front of the Modi government and the Finance Minister, but they have not been given any attention and by completely denying them, the budget has been made a feeder of the capitalist system.

He said that the country's economy is at the level of 2019-20, that is, the country's economy is running behind two years, but the government has not taken any steps in the budget to emerge from it. No arrangement has been made in the budget to mobilize resources for how the work will proceed. Per capita expenditure declined from Rs 62,056 in 2019-20 to Rs 59,043 in 2021-22 and 4.6 crore people have been pushed into extreme poverty due to government policies but arrangements have not been made to deal with it.

The Congress leader said that crores of jobs were lost and the sources of income of 84 percent households were lost. Per capita income has come down from one lakh eight thousand to one lakh seven thousand. Per capita expenditure reduced from 62 thousand to 59 thousand. The future of youth, especially rural children, has gone dark, with the country reaching 101 in terms of malnutrition out of 116 countries and inflation crossing six per cent.

He said that the way the Finance Minister has presented this budget, there has been a cruel joke on the poor, youth, employed, middle class, farmers, dalits, tribals, urban poor. There is no word to control inflation. Nothing has been done in the budget to give money to the poor and cut taxes. Public welfare has been dumped and subsidies have been cut in all sectors.

Chidambaram said that all types of subsidies have been cut in the budget. There was a cut of 35 thousand crore rupees in the fertilizer of the farmer. There have been cuts in the schemes for the welfare of farmers and even a ruthless cut of 27 thousand crores has been made in MNREGA. This is a blow to the poor and middle class and for this this class will not forgive this government.

He said that the budget speech of the finance minister was the most capitalist speech ever read by a finance minister. The finance minister has mastered the jargon of capitalist economics. The per capita income in the country has come down from one lakh eight thousand to one lakh seven thousand.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *