Union budget fails to address concerns of common man: Naveen
Dubbing Union Finance Minister Pranab Mukherjee`s act of raising the base rate of excise duty as a "regressive" measure, Orissa CM Naveen Patnaik said this would hurt household budgets.
Bhubaneswar: Dubbing Union Finance Minister
Pranab Mukherjee`s act of raising the base rate of excise duty
as a "regressive" measure, Orissa Chief Minister Naveen
Patnaik on Monday said this would hurt household budgets.
"The union budget proposal for 2011-12 hardly offers
any respite to our common masses from soaring food prices. On
the contrary raising the base rate of excise duty from 4 per
cent to 5 per cent will hurt household budget," Patnaik told
reporters while reacting to the Union budget.
Stating that the entire country was expecting some
reduction in the taxes on petrol and diesel to lessen the
inflationary pressure, Patnaik said the Finance minister had
totally ignored this expectation.
"Though the Finance minister has announced a number of
measures for agriculture sector, those are too little and will
hardly have any significant impact," he said adding that had
been no announcement on the rising unemployment problem.
Expressing his disappointment on no relief package
for the rain-hit farmers in the state, the chief minister said
that the budget has also not offered any special outlay for
less developed states like Orissa.
Patnaik, however, said he welcomes the increase in
honorium for the Anganwadi workers and helpers. This was long
overdue, he pointed out.
Though the budget had offered a small tax benefit to
the salaried employees, there is no relief for the workers of
the unorganised sector, he said.
"Overall, I would say that the budget has failed to
address the core concern of our common masses," Patnaik said.