City
Epaper

Budget disappointing, directionless, useless: Telangana CM

By IANS | Updated: February 1, 2022 15:05 IST

Hyderabad, Feb 1 Telangana Chief Minister K. Chandrasekhar Rao on Tuesday termed the Union Budget as highly disappointing, ...

Open in App

Hyderabad, Feb 1 Telangana Chief Minister K. Chandrasekhar Rao on Tuesday termed the Union Budget as highly disappointing, directionless, useless and purposeless.

Reacting to the Budget presented in the Parliament by Finance Minister Nirmala Sitharaman, he said that the Budget is utter disappointment for Scheduled Castes, Scheduled Tribes, backward classes, minorities, farmers, common man, poor, artisans and employees.

KCR, who is also president of Telangana Rashtra Samithi (TRS), said the Budget lacked direction and intent. He said the speech of the Finance Minister was full of hollowness and a jugglery of words.

The central government through the Budget has heaped praises on itself while putting the common man to depression and unhappiness, the chief minister said.

Calling it a 'Golmaal Budget', the TRS leader said it did not project the facts. The measures taken by the Centre in the Budget for the welfare of the farm sector is nil. He termed the Budget a big zero for farmers and the agriculture sector of the country.

"The Budget has nothing to offer to the handloom sector. The Budget left bitterness among the employees and the small traders. It is unfortunate that the Budget did not change the income tax slabs," the Chief Minister. Stating that both the employees and trading community were anxiously looking forward for the change in the income tax slabs, he said the Centre belied all their hopes.

"The Budget has clearly shown that the Centre had neglected the public health, basic infrastructure sectors. All over the world during the corona pandemic, health and infrastructure sectors are being developed, our central government did not even think on those lines. It is unfortunate. 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 public health," the CM said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: FebruaryUnion BudgetNirmala Sitharaman
Open in App

Related Stories

BusinessRajesh Shukla’s Views on Union Budget 2025

NationalNirmala Sitharaman Likely to Introduce New Income Tax Bill in Lok Sabha Next Week

NationalUnion Budget 2025-26: A Strategic Outlook for Businesses, Taxpayers, and Compliance

NationalLoan EMI Calculator: How Much Will You Save With Lower EMIs and New Income Tax Slabs?

MaharashtraBudget 2025: Sanjay Raut Calls Special Announcements for Bihar an 'Election Package' (Watch Video)

International Realted Stories

InternationalBYC announces April 29 protest to demand justice for Baloch missing persons

InternationalIran thanks Russia for help in controlling blaze after port explosion

InternationalPakistan: Protests in Sindh intensify over canals issue, no outcome in meeting chaired by Sharif

InternationalPiyush Goyal, UK's Secy of State for Business and Trade Reynolds hold talks to advance negotiations for FTA

InternationalIndian community in Warsaw pays tribute to Pahalgam terror attack victims