Interim budget faces flak from Oppn, termed as 'farewell speech' - Hindustan Times
close_game
close_game

Interim budget faces flak from Oppn, termed as 'farewell speech'

Hindustan Times | By, New Delhi
Feb 17, 2014 10:53 PM IST

The Opposition hurled brickbats at P Chidambaram’s interim budget that showcased UPA’s achievements at length, calling it a ‘farewell speech’ and a “populist budget that will hurt the economy”.

The Opposition hurled brickbats at P Chidambaram’s interim budget that showcased UPA’s achievements at length, calling it a ‘farewell speech’ and a “populist budget that will hurt the economy”.

The leader of opposition in the Rajya Sabha Arun Jaitley dubbed the interim budget a ‘farewell speech of the finance minister (FM)’, saying, “He (Chidambaram) inherited an 8.5% GDP growth rate and exits on a 4.5% growth rate.”

Hindustan Times - your fastest source for breaking news! Read now.

Former Delhi chief minister Arvind Kejriwal quipped, “Despite having so many Harvard-educated economists, the government couldn’t come out with an economic policy that helped the common man”, hours after the FM said his mother and Harvard taught him “the value of hard work”.

The budget wasn’t a hit with Left parties either. With elections due this summer, CPI (M) leader Sitaram Yechury hoped for necessary correctives in the next budget as he felt the UPA’s budget “will hurt the economy, employment will go down and prices will rise.” Veteran CPI leader Gurudas Dasgupta found no investment to turn the wheels of the economy and no concern for unemployment in the budget.

BSP chief Mayawati also said she had found “nothing new” after studying “every point of the budget”.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On