You are here: Home » Budget » Reactions » Government
Business Standard

Budget pro-rich, pro-corporate: Tarun Gogoi

On the budget announcement to set up All India Institute of Medical Sciences (AIIMS) in Assam, Gogoi said the announcement was to "hoodwink" the people of Assam

BS Reporter  |  Guwahati 

Tarun Gogoi

Assam chief minister Tarun Gogol has termed the 2015-16 general as "pro-rich" and "pro-corporate" and said "it got no element of getting acche din" for common people. Gogoi said that people of Assam expected more but the did not "give anything substantial".

On the enhanced fund allocation for Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the budget, Gogoi said that it was done because of the pressure from opposition parties, including Congress party..

Read our full coverage on Union Budget

"The people of Assam and Northeast found no reason to cheer as the remained silent on the steps for employment generation, flood and erosion. Relief to the agrarian class should have been more if the Centre really wanted to bring acche din especially to 75 per cent of the people of Assam who are associated with agriculture. Instead of bringing black money back, the Centre has resorted to an escape route and assured a legislation to deal with black money," said Gogoi.

Gogoi also said that though the state had demanded steps for strengthening micro, small and medium enterprises (MSME) in Assam, the budget provided no incentives to the MSME sector thus delving a blow to the efforts of the state in employment generation.

On the budget announcement to set up All India Institute of Medical Sciences (AIIMS) in Assam, Gogoi said the announcement was to "hoodwink" the people of Assam.

Gogoi, however, thanked the 14th Finance Commission for increasing the devolution of fund to the states to 42 per cent.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, March 02 2015. 20:14 IST