Not everyone is happy with the External Affairs Minister's Rs.9,53,231 crore interim roll-out. Expectedly, the Bharatiya Janata Party (BJP) and the Left are two of them.
Not everyone is happy with the External Affairs Minister's Rs.9,53,231 crore interim roll-out. Expectedly, the Bharatiya Janata Party (BJP) and the Left are two of them. But they aren't the only ones who feel it has failed to address major issues like job cuts, tax rates and other areas suffering from the slump.
"It was expected to be, and was a non event. Nothing extraordinary has been delivered," said economist-author Smita Jain. "Instead, it's only a record, a fact sheet of the government's term in office, and also a reiteration of the United Progressive Alliance (UPA) government's common minimum programmes," she added.
The Finance Minister made noises about how much needs to done to help the economy out of recession, and in that sense, he's stuck to the rule book as far as a vote on account is concerned. "Perhaps, when the governments the world over are rushing to provide sops to consumers to stimulate demand, he could've tinkered with taxes, especially at the lower middle class level. But that would've taxed the limits of propriety. Pun intended," she quipped.
No wonder, then, that the BJP feels it does nothing more than confusing the common man, and the CPI(M) feels it is a repetition of the President's opening address to the budget session. Young professionals are equal testimony. "What's the use of two new IITs when so many pass-outs are still jobless?" questions Ankur Nagpal, a young business operator.
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