Budget 2019 'disappointing', full of 'rhetoric and tokenism', says Sheila Dikshit

Image
Press Trust of India New Delhi
Last Updated : Jul 05 2019 | 7:35 PM IST

Former Delhi chief minister and president of city unit of Congress, Sheila Dikshit termed the annual budget 2019 as "disappointing" and "devoid of" substance.

Union Finance Minister Nirmala Sitharaman presented the budget Friday, announcing hike in petrol and diesel prices, increase in import duty on dozens of items and more tax on the super-rich, seeking to spur growth through higher spending and sops for startups, housing and corporates.

"It was a disappointing budget - full of rhetoric and tokenism but devoid of substance. Being the capital of India, Delhi has not been getting its due over the last few budgets," Dikshit tweeted after presentation of the budget in Parliament.

The budget kept Delhi's share in central taxes unchanged at Rs 325 crore, although the ruling government had requested the Centre to raise it to Rs 6,000 crore.

The total grants for Delhi for 2019-20 are Rs 1,112 crore, including a central assistance of Rs 300 crore for Chandrawal water treatment plant.

Earlier, on the eve of the budget presentation, the three-time former Delhi Chief Minister expected that Delhi's interests would be "well looked after" in it.

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: Jul 05 2019 | 7:35 PM IST

Next Story