Branding senior Congress leader P. Chidambaram as the Finance Minister of the 'Corporate sector', the Bharatiya Janata Party on Friday said the former was forced to speak the lines given by Congress vice-president Rahul Gandhi.
"P. Chidambaram is being forced to speak the lines given by Congress vice-president Rahul Gandhi who himself doesn't understand anything about the Budget" BJP leader G. V. L. Narsimha Rao told ANI.
Rao further asserted that that during Chidambaram's tenure in the UPA regime the entire Budget was focused upon putting money into the pockets of the corporate sectors.
"Chidambaram is the Finance Minister for the corporate sector of this country. Under his charge the entire Budget focused on putting money into the pockets of the corporate sectors. They only dreamt of the rich, they only planned for the corporate sector,"
Firmly rejecting the criticism by the Congress towards the Budget, especially that of Chidambaram, the BJP leader said that for the first time all the sections of the society feel that the Budget fulfils their aspirations.
Chidambaram on Thursday, while commending the budget for not being reckless, said that the Union Budget had done nothing to boost demand, something that would have been possible if indirect taxes had been slashed.
"It is obvious that demonetisation and its inevitable consequences have demoralised the government. Government has retreated from reforms," he said in a press meet here.
He said that Budget has failed to deliver anything for those who lost their money and jobs post-demonetisation and claimed the note recall and its consequences have "demoralised the government" and forced it to "retreat from reforms".
Moreover, he described the tax cut as tokenism and said 1.98 crore taxpayers have got a relief of Rs 5,000 per person.
"It is small mercy for a person who stood in a queue for many hours for many weeks to withdraw small amounts of money from his or her account," he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
