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news details
Union Budget-another bonanza for corporates: CPI
2/3/2022 10:25:46 PM
Early Times Report
JAMMU, Feb 3: Communist Party of India (CPI), Jammu and Kashmir unit today deplored the Union Budget for 2022-23 and termed it as another bonanza for corporates, where common citizens left to survive on their own.
As per statement issued to the press, the state council of the CPI said that the Budget 2022-23 is totally anti-people and working class, and utterly destructive so for the national economy is concerned.
The Finance Minister failed to give account of what happened to all the tall claims and targets set up for employment, smart cities, skill India, double income of farmers, relief to poor and middle income groups, improvement in health infrastructure etc. The Government employees thought that they would get some relaxation in income tax in the Budget but the government did not bring any such thing.
There was no mention in her speech from where the income would be generated and how the expenditure would be distributed in various heads. Everything was left for members of parliament, the political parties, analysts and the public to keep them busy, looking through the full text, so that the government launched its media exercise to create a favourable narrative out of this anti-people budget.
The budget is not giving something to ordinary people, but is actually taking away from them. It would give boost to inflation in essential commodities, the unemployment, job loss, wage reduction, expensive civil services. And it is totally in favour of privatization and big babus (capitalists) of the country.
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