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Trinamool terms Interim Budget 'vote-oriented'

IANS  |  New Delhi 

The Congress on Monday termed the interim Budget 2019-20 as "vote-oriented" and questioned the government's track record on providing jobs, alleging that unemployment is at an all-time high in the last 45 years.

Participating in the debate on interim Budget in the Lok Sabha, member Saugata Roy also criticized the government's decision of demonetization, saying that it had taken away lakhs of jobs and adversely affected the country's economy.

"It looks like the has been outsourced. The is presenting the Budget. They have two (ministers of state), but a civil aviation is defending the government," he said in a jibe at the government.

"The government is not releasing the NSSO data on unemployment because it is at the all-time high. The NPAs (non-performing assets) of banks have crossed Rs 11 lakh crore. The Bankruptcy Code has recovered only Rs 3 lakh crore," he said.

Roy accused the government of weakening institutions like the Reserve Bank of by interfering in their autonomy.

"The government tried to apply betadine (ointment) to the wounds of demonetization. The government knows it is in doldrums. is facing black flags in Andhra Pradesh, and the northeast. Now they are announcing Rs 6000 (per year) to farmers," he said.

On defence allocation, he said it was only one-fifth of what was spending.

"Of this, 20 per cent will go to and the deal has exposed their chinks in their armour," he said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 11 2019. 20:32 IST