Union Budget prepared to protect interests of capitalists: Jharkhand CM

Jharkhand Chief Minister Hemant Soren on Saturday claimed that the Union Budget, presented by Union Finance Minister Nirmala Sitharaman in Parliament, was prepared "to address the interests of capitalists and big industrialists".

Soren said he had recently urged Prime Minister Narendra Modi to give a tribal university to Jharkhand, but the budget mentions only a tribal museum.

"I met Prime Minister Modi and requested a tribal university for Jharkhand. But the budget mentions opening a tribal museum Once again tribals have been hoodwinked," he said.

Alleging that the budget frustrates the poor, the farmers, the labour force and the unemployed, Soren said, "Economists are analysing the budget and only after their analysis, it can be ascertained how it will help the progress of the country, what impact it will have on our financial system and to what extent it will meet expectations of the people. But prima facie, the Union Budget is not visionary."