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Budget is a letdown: MP CM Kamal Nath

Budget is a letdown: MP CM Kamal Nath

India Blooms News Service | @indiablooms | 05 Jul 2019, 11:22 am

Bhopal, July 5 (UNI) Describing the Union Budget as disappointing, Madhya Pradesh Chief Minister Kamal Nath averred on Friday that it would lead to an increase in prices and the Annual Financial Statement revealed no interest in heralding “achhe din.”

“The populace feels deceived. Instead of providing relief in fuel costs they were enhanced. The Budget shows numerous ‘dreams’ but no Income Tax concession was granted to the middle class and the document enshrines not a single provision vis-a-vis improving cultivators’ earnings or mitigating their loan burden. Development shall be decelerated,” he conveyed via social media. 

Union Finance Minister Nirmala Sitharaman presented her maiden Budget on Friday.

This is the first budget of the new government that was formed under the leadership of PM Narendra Modi following a landslide victory registered by the Bharatiya Janata Party in the Lok Sabha polls.

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