City
Epaper

Govt ignored poor, jobless, MSMEs in Budget: Chidambaram

By IANS | Updated: February 11, 2021 13:41 IST

New Delhi, Feb 11 Former Union Finance Minister P Chidambaram said on Thursday that the Union government had ...

Open in App

New Delhi, Feb 11 Former Union Finance Minister P Chidambaram said on Thursday that the Union government had ignored the poor, unemployed and the MSME sector in the Budget proposals for 2021-22.

"The most deserving were left to their fate the poor, farmers, migrant workers, MSME sector, middle class, and the unemployed," he said while speaking on the Budget in the Rajya Sabha.

He said that the Congress "rejected" the Budget since there was nothing in it for the poor. Everybody expected it but cash transfers to the poor was not done, he added.

Chidambaram said that there was no mention of the defence sector in the Budget either and the numbers predicted therein were not correct.

"The Union Finance Minister did not mention defence in her speech, which is unprecedented. The budgetary allocation for defence in 2021-22 is Rs 3,47,088 crore as against Revised Estimates of Rs 343,822 crore in the current year, an increase of just Rs 3,266 crore," the former Union Minister added.

Congress leader Kapil Sibal had on Wednesday initiated the Budget debate and alleged that the government was giving away its assets to four-five big boys.

( With inputs from IANS )

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: congressKapil SibalBudget
Open in App

Related Stories

NationalTarn Taran Assembly By-Election 2025: 23.05% Voter Turnout Recorded Till 11 AM in Punjab By-Poll

MaharashtraSatara Doctor Suicide: Youth Congress Protesters Detained at Mumbai’s Marine Drive (Watch video)

MumbaiBMC Elections 2025: Congress to Contest Independently, Says Vijay Wadettiwar

NationalJubilee Hills Assembly By-Election 2025: Holiday Declared for Schools and Govt Offices; 139 Drones Deployed

NationalWho Is Matheus Ferrero? Rahul Gandhi Claims Brazilian Model Voted 22 Times in Haryana

Business Realted Stories

BusinessPiyush Goyal engages with global leaders, outlines 3 pillars to boost partnerships

BusinessPune Labour Commissioner summons TCS over multiple layoff complaints by NITES

BusinessIITF 2025: IT Ministry showcases India's inclusive AI initiatives

BusinessGujarat: How a small village in Amreli became fully solar-powered community

BusinessSECI and Andhra Pradesh finalise 1200 MWh battery energy storage system, 50 MW hybrid project