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DMK describes budget as 'old wine in new bottle'

Press Trust of India  |  Chennai 

today described the budget presented by as "old wine in new bottle."

Working President and Leader of Opposition in Assembly, M K Stalin, said the first budget of the Edappadi K Palaniswami did not spell out any new schemes, especially in power generation. There was also not any announcement on farm loan waiver, he told reporters here.

"Overall this is old wine in new bottle," he said.

He said the debt burden in rule, "whether under (the late) or O Panneerselvam or Palaniswami now, has only been increasing."

He pointed out the had estimated the debt burden to touch Rs 3.14 lakh crore by March 31, 2018.

Stalin also recalled DMK's opposition to Minister D Jayakumar mentioning the name of General Secretary V K Sasikala during his budget speech.

The party had earlier in the House protested this, saying Sasikala was 'person convicted by the court' in the Rs 66 crore disproportionate assets case.

Stalin also questioned the 'absence' of some AIADMK ministers during the budget presentation.

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

First Published: Thu, March 16 2017. 15:13 IST