Rahul Gandhi dubs Budget 2017 a damp squib
"We expected fireworks, we saw a damp squib," he said, adding that Jaitley gave a good speech but it had no basis.
He said the demonetisation move hit the poor hard but there was nothing in the budget to alleviate the suffering of poor or youth.
He said Congress will support any move to clean up political funding with Jaitley in the budget announcing that donations to political parties from one source permitted only up to Rs 2,000 only besides proposing electoral bonds.
Union Finance Minister Arun Jaitley presenting the Budget 2017 on Wednesday said demonetisation policy would be yielding better GDP results in the long run and curb corruption even as he focused on rural spending announcing Rs. 48,000 crore for MNREGA as highest allocation ever and Rs 10 lakh crore credit to farmers.
In the first combined budget which included the Railway budget too, Jaitley said Rs 1.31 crore has been earmarked for the sector.
Beginning his speech, Jaitley said India stands out as a bright spot in the global uncertainty and double digit inflation has been controlled.
He said demonetisation measure taken was a bold one and it seeks to create a new normal where GDP will be improved and curb terror funding.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
