Budget a damp squib, lacks vision: Rahul Gandhi

Image
IANS New Delhi
Last Updated : Feb 01 2017 | 2:32 PM IST

Congress Vice-President Rahul Gandhi on Wednesday dubbed the Union Budget a "damp squib" saying that it lacked vision and did not address key issues like job creation and agrarian distress.

Reacting to Finance Minister Arun Jaitley's Union Budget, Gandhi attacked the Narendra Modi government over the railway safety and questioned the Prime Minister's dream project of bullet train.

"We were expecting fireworks, instead got a damp squib. The budget lacked vision," Gandhi told the media.

"The shock that this government gave through demonetisation, the expectation was the government will do something for the poor, farmers the unemployed. But there is no clear vision. He (Jaitley) did a lot of sher-o-shayari, gave a good speech but there is no basis.

"The Finance Minister's job is to show a broad road map on issues like job creation, farmers' issues. But he said nothing on these fundamental things," said Gandhi.

"I do not see any impact. If they really wanted to make use of this opportunity they should have made some big announcements, especially for farmers," he said.

"Modi had promised of creating two crore jobs, but last year only 1.5 lakh jobs were created. This is shameful. Secondly the farmers are crying, they need waiver of their loans. This government talks so much of being pro-farmer but did nothing for them," said Gandhi.

"Modi had also talked about (introducing) bullet trains, do we have one?"

"Railways' fundamental problem is safety and this government has the worst record in that respect. But did they say anything on safety," he asked.

Gandhi though welcomed Jaitley's announcement of reducing cash donations to political parties from the current Rs 20,000 to Rs 2,000.

"It is good move. We will support whatever steps are taken for cleansing political funding," added Gandhi.

--IANS

and/rn

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Feb 01 2017 | 2:22 PM IST

Next Story