Trinamool slams union budget, calls assistance to Bengal a 'bluff'

Image
IANS New Delhi/Kolkata
Last Updated : Feb 28 2015 | 6:22 PM IST

West Bengal's ruling Trinamool Congress Saturday slammed the union budget, saying it was "not for the people". The party also termed as "bluff" the special financial assistance to the state announced in the budget.

"This budget is not for the people, not for the poor and not for the middle class. Lots of talk on giving more to the states, but this is untrue. Last year, gross output to states was 61.88 percent, this year it is 62," Trinamool's Rajya Sabha chief whip Derek O'Brien said.

"There is a saying in Bengali: 'Machher tele Machh Bhaja' (Frying fish in fish oil). Only hollow talk on federalism. There is a lot of big talk on infrastructure and social development. Big promises... where are the action plan?" asked O'Brien.

The party said the increase in service tax will hurt the middle class and lead to price rise of essential commodities.

Dubbing the budget as "anti-people", state Finance Minister Amit Mitra called the financial assistance to the state as announced by his union counterpart as "a bluff".

"There is a talk of a package in the lines of Andhra Pradesh, but we do not know the amount of package or any details.

"The package to Andhra was Rs.850 crore. But the centre deducted Rs.28,000 crore from us towards servicing of debts. So this is a bluff," said Mitra.

Mitra also said if Prime Minister Narendra Modi agreed to meet, the Trinamool Congress would raise the issue of debt-structuring.

Chief Minister Mamata Banerjee has sought an appointment with Modi to discuss the issue of moratorium of the debt which her government has been seeking since coming to power in 2011.

"The total grant to the state in 2014 was Rs.4,05,582 crore and in this year, it is Rs.3,28,277 crore which is a reduction of 20 percent. The allocations for ICDS has been deducted by 50 percent, National Livelihood Mission decreased by 12 percent. Allocation for Sarva Siksha Abhiyan has been slashed by 22.14 percent," said Mitra.

"The truth is, if all the grants all calculated together, in 2014, 61.88 percent was given, in 2015 the share is 62 percent," he said.

*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 28 2015 | 6:04 PM IST

Next Story