Oppn criticizes the budget for 'errors'; BJP says the road map for $ 5 billion economy
NEW DELHI: The opposition criticized the Union's budget on Monday. Lok Sabha for its distinctive faults and questioned the rise in fuel prices, even when the BJP described it as a road map to reach the $ 5 trillion economy.
Starting the debate on the 2019-20 Union Budget presented on July 5, the leader of the Shashi Congress Tharoor He said he has unnecessary defensive shots, falls in catches and quite a few balls and claimed he did not address the key problems facing the economy, including farmhouse anguish and rising fuel prices.
Former Union minister Jayanta Sinha, who spoke just after Tharoor, said that the BJP brought the economy back on track, transforming it into a superfast 'Rajdhani', and it will soon like a bullet train.
Tharoor used cricket lexicon to target the Center.
Given that cricket is in our minds these days with the semifinal of the World Cup tomorrow, let me say that, instead of the audacious limits that we expected in this first budget after the elections, what we have are unnecessary defensive coups, Falls of capture and enough Balls and width, said the leader of the congress.
He said that the budget was characterized by a mediocre set of ads, distinctive failures ...
We are left with a kind of 'trishanku' budget, neither here nor there, he said.
Hurrying and bad thinking through demonetization carries the great part of the responsibility of closing hundreds of thousands of small businesses and microenterprises, throwing many more people out of work, he said.
Tharoor also raised the issue of agrarian distress and farmer suicides.
Our nation's farmers who provide food security have received a step-mother treatment in this government over the last five years that has resulted in a record level of farmer suicides, he said.
Several members of the opposition also criticized the government for increasing the tax on gasoline and diesel in the Budget saying that it would harm the common man and that he should retire.
Tharoor questioned the wisdom of the government in increasing the duty on petrol and diesel at a time when the price of crude oil has been declining in the international market.
In her budget, the finance minister on Friday increased excise taxes and road and infrastructure traffic in gasoline and diesel in Rs per liter each to increase Rs 24,000-28,000 crore annually.
After the decision, the price of gasoline rose a minimum of Rs 2.40 per liter and diesel a minimum of Rs 2.36 per liter.
T R Baalu (DMK) said that the increase in the price of fuel will have a cascading impact on the price situation and demanded its immediate withdrawal.
The common man will suffer due to the increase in the prices of gasoline and diesel ... why the common man is being punished like that, he questioned.
Trinamool Congressman Kalyan Banerjee said that the increase in the prices of gasoline and diesel is having a tremendous impact on people's daily lives.
I wanted to know why the government raised fuel prices when oil prices in the global market showed a downward trend over the past three months.
Sinha expressed his confidence that the Center will not only reach its goal of $ 5 trillion in economy, but will also reach 10 trillion dollars.
By rejecting the accusation by Congress that the Budget was a missed opportunity, the BJP leader said that what the party could not achieve in 60 years was done by the BJP in 60 months.
When our government came to power in 2014, the economy was at a critical stage (...) it was a passenger train. We came and brought the train to the road ... and we had that passenger train enter the Rajdhani train.
And because of this visionary and effective budget, we will convert this Rajdhani train into a bullet train. And we will have the opposition member and the public sit on that bullet train and complete the (USD) 5 trillion economy target, he said.
Qualifying the budget as historical and visionary, said that promotes consumption and investment.
And I can say with confidence that we will achieve the goal of 5 billion. Due to the base established by this budget, we will not only achieve the goal of (USD) 5 billion, but we will also achieve the economy of (USD). ) 10 trillion, he said.
Sukhbir Singh Badal (SAD) said it was a visionary budget.