TN budget an exercise to mislead people: Karuna
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Last Updated: Tuesday, March 27, 2012, 20:59
Chennai: Slamming the ruling AIADMK for imposing fresh taxes in its budget, DMK president M Karunanidhi on Tuesday described it as mere "word play", saying it was an exercise which "misled" people and concealed facts.

In a letter to party workers, he also questioned the status of various programmes announced in the previous budget by Finance Minister O Panneerselvam, including a housing scheme which replaced the one launched by his previous government.

"The DMK government never imposed fresh taxes in its five year-tenure even as it maintained a good fiscal position, including the state's own tax resources," he said.

The budget lacked measures regarding controlling prices, creation of employment, power generation or increasing people's purchasing power, claimed the former Chief Minister.

"It's a budget that conceals many facts, misleads and imposes new taxes (to the tune of Rs 1,500 crore) and has failed to meet people's expectations. It is only word-play and will these be useful to raise the people's standard of living..?" he asked.

The ruling AIADMK, which had transferred so many IAS officers after it assumed power, chose to retain Finance Secretary Shanmugam, which was proof of DMK's good showing in the Finance front, Karunanidhi said.

However, the DMK's "good show" has been either concealed or people have been misled on its performance as the Finance Minister repeatedly accused the previous government of poor performance with regard to finances, he said.


First Published: Tuesday, March 27, 2012, 20:59

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