The longest FM speech, with no vision for the future: Pawar on budget
MUMBAI: NCP Chief Sharad pawar on Saturday he said that the speech on the budget delivered by the minister of finance of the Union was the longest, but lacked hyperopia and direction.
Pawar claimed that the budget lacked vision and clarity to double farmers' income by 2022, the goal set by the government, adding that the automobile sector has also been completely ignored.
The vice minister and finance minister also criticized the budget.
He said the state would obtain Rs 44,672 million from central taxes from central taxes according to budget estimates for 2019-20, but now it will obtain Rs 36,220 million following revised estimates, which is serious and shocking.
"#Budget2020 focuses on Agriculture Warehousing but lacks vision and clarity on Doubling Farmers' income. It is still a distant dream," Sharad pawar tweeted.
# Budget2020 The automobile sector has been completely ignored and the problem of unemployment is not addressed fairly. It was the longest speech but lacked future vision and direction, the former Union minister added on the microblogging site.
Ajit Pawar said that despite being the largest contributor, the state is absent from the budgetary provisions announced by Sitharaman.
Maharashtra was going to get Rs 44,672 crore from central taxes according to the budget estimates for 2019-20. But according to the revised budget estimates, you will now get Rs 8,553 million rupees minor, that is, only Rs 36,220 million rupees will come, which is serious and shocking, said the minister in a statement.
The Maharashtra finance minister said the state transportation service in Bengaluru of Karnataka, ruled by BJP, has been declared with 20 percent of capital in the budget, while transportation services in Mumbai, Pune and Nagpur have not They find mention in it.
He said that unemployment is currently at its peak in the country, while the economic crisis is coming.
In this scenario, measures were expected to attract foreign investment. But nothing concrete was announced in the budget, he added.
He claimed that the real estate sector also did not get relief in the budget.
The stock market fell 1,178 points after the budget was announced, which is an indicator of disappointment between the industrial sector and investors, he added.