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Budget is anti-people: BJP

Last Updated: Friday, March 16, 2012 - 14:44

New Delhi: BJP on Friday slammed the Union Budget as "anti-people" and said it would lead to further price rise hitting the common man.
BJP`s vice president Mukhtar Abbas Naqvi said, "The Budget will lead to further rise in prices that will hit the common man," as the "failed economic formula of Pranab
Mukherjee has been presented in a new frame".

"Dada`s Budget presented amidst revolt from Didi, will herald the farewell of the UPA government," he said, adding that "instead of leading the nation on the path of reform, it will lead it to indebtedness".

"This Budget will hit the common man with price rise from ground to air," he said.

BJP spokesperson Shahnawaz Hussain said, "The Union Budget does not provide any relief to the common man. It betrays the trust of the common man."

BJP general secretary Ananth Kumar said the Budget was "anti-people".

Holding that the Budget has "saddened" the people, BJP spokesperson Ravi Shankar Prasad said it "literally causes immense pain to the common man in terms of rise in customs duty, excise duty and widening of the service net.

"It is a status-quo Budget, it is a survival budget. It has no big vision at all for growth. Indian capital is going out," he told reporters.

He said there is no vision in the Budget as to from where investment would be coming to the country. On the contrary, Indian capital is going out and Indian entrepreneurs and businessmen are investing abroad.

"India`s growth story has come a halt and a fiscal deficit of 5.9 percent being sought to be in decrease to 5.1 percent appears to be difficult," he said.


First Published: Friday, March 16, 2012 - 14:00
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