Useless, Purposeless Budget With No Direction : Telangana CM

Hyderabad Feb 1: Telangana Chief Minister K Chandrashekar Rao has described the Union Budget, presented in Parliament by Finance Minister Nirmala Sitharaman on Tuesday, as useless and purposeless budget which has no direction or intent. In a release here, he said the Budget has put SC, ST, BC, Minorities, farming community, the poor, hereditary professions, and employees to unhappiness and utter disappointment.

The entire Budget speech by Ms Sitharaman is full of hollowness and nothing but a jugglery of words, Mr Rao said the Central government through the Budget has heaped praises on itself while putting the common man to depression and unhappiness. The Budget, which can be called a ‘Golmaal Budget’ did not project the facts, the Chief Minister said the measures taken by the Centre in the Budget for the welfare of farm sector is nil and a big zero to the farming and agriculture sector. It has nothing to offer to the handloom sector and the Budget left bitterness among the employees and the small traders, he said it is unfortunate that the Budget did not change the Income tax Slabs.

Both the employees and trading community are anxiously looking forward for the change in the Income Tax Slabs and the Centre had put lid on their hopes. Mr Rao said the Budget has clearly shown that the Centre had neglected the Public health and basic infrastructure sectors. “All over the world during the Corona Pandemic, Health and Infrastructure sectors are being developed, but the Union government did not even think on those lines and it is unfortunate, the Chief Mniser said. With Corona in the backdrop, no efforts were put to develop the Medical and Health sector in the country. It is surprising that the Centre is not bothered about the public health,” he asserted.