Activists of the Communist Party of India (Marxist) here on Saturday staged demonstration protesting against general and railway budget alleging these would adversely impact the common people.

“The amount of internal and external loan would shoot up while Union government tries to make up huge fiscal deficit. Budgetary provisions made in the general budget for implementation of Mahatma Gandhi National Rural Employment Guarantee Scheme would not be sufficient,” said Suresh Panigrahi, secretary of party's Bhubaneswar District Committee.

Mr. Panigrahi said, “the decision to raise service tax from 10 per cent to 12 per cent would hit people badly. The budget is also silent on implementing universal public distribution system.”

The proposal to raise Rs. 30,000 crore by divesting share of profit-making public sector units was against national interest, he said, adding that the government had already handed over several units to multinational companies.

“The tax exemption to corporates continues while there has been no visible steps announced in the Budget to revive agriculture sector and given employment to unemployed youths,” the CPI (M) leader said.

Activists alleged that Union Railway Ministry had ignored the State in the annual railway budget by giving a paltry share. Among others who participated in the demonstration included Sarat Das, Pravat Panigrahi, Naba Mohanty, Sala Mandi, Chambaru Soren, Satyendra Panigrahi and Sachin Sundar Nayak.