: NDA constituents in Tamil Nadu, including the AIADMK on Saturday welcomed the Union budget, but the opposition, led by the DMK, lashed out at its various proposals.
While Tamil Nadu Chief Minister K Palaniswami lauded the budget presented by Union Finance Minister Nirmala Sitharaman, DMK President and state Leader of Opposition M K Stalin said the annual exercise did not address issues like the economic slowdown and unemployment.
Actor and Makkal Needhi Maiam (MNM) founder Kamal Haasan used the 'halwa' analogy to say that the budget lacked solutions, alluding to a popular usage in Tamil Nadu.
Palaniswami, also the AIADMK Joint Coordinator, welcomed the various announcements made by Sitharaman in sectors like infrastructure, water management and manufacturing and lauded the Centre for not imposing any "tax burden on the common man."
He also lauded the significant allocations made to the Education, Infrastructure and Health sectors and welcomed proposals like the Chennai-Bengaluru Expressway and the tax sops "that will attract investments."
Haasan, founder of MNM, referring to the halwa preparation ceremony ahead of the budget exercise, said "the budget has ended with halwa for the people."
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
