Former Karnataka CM BS Yeddyurappa has surrendered at the Lokayukta Court and will remain in judicial custody till 22 Octo..
Budget 2012-13 is anti-people, Will take nation from bad to worse days?
" Rs.80,000-cr burden reflects Cong-led UPA Govt’s instability
and inability to solve corruption, inflation, unemployment " –
Narendra Modi
Gandhinagar, Friday: Narendra Modi today described the Union Budget
for 2012-13 as anti-people, lack-lustre, directionless and
absolutely disappointing, sure to take the nation from bad to worse
days. “If someone searches for some relief for the common man, it
is just missing,” he said.
Commenting on the budget proposals presented in the Parliament, he
said, it reflects the Congress-led UPA Government’s political
instability, as well its inability to fight burning issues like
corruption, inflation and unemployment. It shows absence of
political will necessary for development.
Modi said that an additional burden of Rs.80,000-crore on the
people, including Rs.40,000-crore in today’s General Budget and
another Rs.40,000-crore in the Railway Budget earlier, would
adversely affect the general public across the board.
Taking a strong exception to the hike of two per cent on Excise
Duty and Service Tax, he said it is cruel and would affect
labour-intensive employment avenues like tourism.
While the Union Budget should reflect strong fiscal discipline, Mr.
Modi said, the latest budget doesn’t even show any direction for
planned development. Citing an example of the Centre’s
mismanagement of economy, he said, the fiscal deficit has also
increased from 4.6 per cent last year to 5.1 per cent this year,
and the market borrowings from Rs.3.53-lakh-crore to
Rs.4.79-lakh-crore. This leaves no scope for the private sector.
The budget also fails to address the farm sector and women’s
empowerment.
Modi wished the Centre takes a cue from Gujarat in budgetary
allocations. Gujarat earmarks 67 per cent of its budget on
development works as against the Centre’s paltry 30 per cent.
Gujarat has allotted Rs.40,000-crore for Tribal Sub-Plan during the
Five Year Plan, as against just Rs.21,000-crore by the Centre.
There are many such instances.
Share Your View via Facebook
top trend
-
Yeddyurappa surrenders, to be in judicial custody till 22 Oct
-
Baba Ramdev's Rashtra Yoga
Every morning these days after visiting a nearby temple, I come back at about six thirty , and switch on the Television an..
-
Early to rise ... (Importance of Brahmamuhurt)
In older times, it used to be impressed upon the minds of children that ‘early to bed and e..
-
Pakistan air Crash: Nearly 127 people killed
Islamabad/Karachi, (ANI): Nearly 127 people were killed on Friday evening when a Boeing 737-200 of Bhoja Air crashed whi..
-
Anna’s team falling apart, 2 quit
Seems Arvind Kejriwal’s ventures have finally splitted Team Anna. As Rajendra Singh, a Magsaysay awardee and P..
what next
-
-
"Coal allocations since 1993 are arbitrary and illegal", Says Supreme Court
-
Palestine, 6 billion people and second hand opinions
-
Malegaon 2006 vs. Malegaon 2008 - Blast Politics
-
Who will investigate Chidambaram & Co for the Dabhol Loot?
-
Narendra Modi prepares to climb the ramparts of the Red Fort
-
The Great Jindal Swindle
-
AAP's insidious anti-Hindu agenda
-
Nagma - Sonia Gandhi's Star Soldier
-
Aam Aadmi Party : Anti-Modi stalking horse
-
What in God's name is Teesta Setalvad's agenda?
-
-
-
Time to rethink : Saffron surge and the secular debacle - Sri Sri Ravi Shankar
-
India's Wishlist for Prime Minister Narendra Modi
-
My first meeting with Narendra Modi - Sri Sri Ravi Shankar
-
Telangana - Divide and Rule?
-
Myths vs Facts about RSS
-
The Two States: Telangana and Seemandhra
-
Answering Media on Questions to Narendra Modi, but will they venture into responding these queries?
-
#AAPCon : Dilli ke log ban gaye Mamu
-
Secularism is just synonymous with Sanatan Dharm
-
Beware of the Hoax called Aam Aadmi Party
-
Comments (Leave a Reply)