Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022 for the FY beginning April 1.
As the FM presented the Budget, the Opposition has termed it disappointing.
Here are the latest updates:
Union Budget 2022-23 brought to woo public with new promises: Mayawati
Bahujan Samaj Party (BSP) chief Mayawati on Tuesday said the Union Budget has been brought to "woo the public with new promises" and alleged that the Centre has forgotten to implement its old announcements.
In a series of tweets in Hindi, Ms. Mayawati said, "The Union Budget presented in the Parliament today has been brought to woo the public with new promises, while the implementation of the past promises and old announcements have been forgotten. How appropriate is it? Why is the Centre free from worries of poverty, unemployment, inflation and suicides by farmers."
"The central government is patting its back. The tax burden has made the life of the people miserable. Hence, it would be better if the Centre makes efforts to reduce the despair and disappointment among the people due to inflation and insecurity," she said.- PTI
Union Budget disappointing, nothing in it for common people: Kejriwal
Delhi Chief Minister Arvind Kejriwal on Tuesday dubbed the Union Budget 2022-23 as "disappointing" and said it has nothing for the common people.
In a tweet in Hindi, the Aam Aadmi Party (AAP) national convenor noted that people had "high expectations" from the Union Budget during the corona period but there is nothing in it either for the common people or to reduce price rice.
"People had high expectations from the Budget during the corona period. The Budget has disappointed the people. There is nothing in the Budget for the general public. Nothing to reduce price rise," Mr. Kejriwal said.- PTI
PM Modi hails 'people-friendly and progressive' budget
Welfare of the poor is an important aspect of the Union Budget which is full of possibilities for more investments, infrastructure and jobs, Prime Minister Narendra Modi said on Tuesday.
Calling the budget "people-friendly and progressive", Mr. Modi said it has brought new confidence to usher development in the midst of one the most terrible calamities in 100 years, a reference to the COVID-19 pandemic.
In his televised remarks on the Union Budget 2022-23 presented by Finance Minister Nirmala Sitharaman in Parliament, Mr. Modi said this budget will create many new opportunities for the common people, besides strengthening the economy.- PTI
Visionary Budget, outlines govt's focus on making India self-reliant: BJP
Hailing the Union Budget as 'visionary', top BJP leaders on Tuesday said it outlines the Narendra Modi government's focus on a self-reliant India and is growth-oriented, with focus on harnessing the energies of New India.
Union Minister Nitin Gadkari praised the budget for giving impetus to infrastructure development, and said, "It is a budget to promote modern infrastructure in the country, which will lay the foundation for a new India and improve the lives of 130 crore Indians."- PTI
Maharashtra Congress on Budget
"Big numbers, dreamy promises but nothing in reality and only plan to sell assets what the country built in last 70 years. This union budget was presented by keeping eyes on election. These digital dreams give nothing in reality to people," said Maharashtra Revenue minister Balasaheb Thorat.- Alok Deshpande
Amit Shah hails Union Budget as 'visionary'
Union Home Minister Amit Shah on Tuesday hailed the Union Budget as 'visionary' and said it will help making India the world's leading economy under the leadership of Prime Minister Narendra Modi.
In a series of tweets in Hindi, Mr. Shah said by increasing the size to Rs 39.45 lakh crore, the Budget has shown that the Indian economy is rapidly growing even in the corona period.
"This Budget, brought by the Modi government, is a visionary budget, which will prove to be a budget to change the scale of India's economy," he said.- PTI
NCP on Budget
NCP on union budget. "Today's budget shows that all tall claims on employment, housing or agriculture by Narendra Modi were nothing but jumlas as government has not managed to achieve a single target it had set," NCP chief spokesperson and Maharashtra minister Nawab Malik. - Alok Deshpande
Rajnath welcomes announcement for defence sector in Union Budget
Defence Minister Rajnath Singh on Tuesday described as an "excellent move" the proposal in the Union Budget to set aside 25% of the defence R&D budget for start-ups and private entities in the financial year 2022-23.
Mr. Singh also welcomed Finance Minister Nirmala Sitharaman's announcement that 68% of the defence capital procurement budget would be allocated towards procurement from domestic industry. -PTI
'Opportunity for self-reliant India': Mukhtar Abbas Naqvi
Union minister Mukhtar Abbas Naqvi on Tuesday hailed the 2022-23 Budget and said it advances the opportunity for self-reliant India amid the COVID pandemic.
Minority Affairs Minister Mukhtar Abbas Naqvi said amidst the global economic crisis, the Budget binds together trust and development with the thread of "self-reliant India".
This Budget assures and advances the opportunity for self-reliant India amid the pandemic period, he said.- PTI
JD-U calls the Budget "disappointing"
BJP’s ruling alliance party in BIhar JD-U termed the union budget “disappointing”. Party’ s parliamentary board chairman Upendra Kushwaha said, “union budget is historic for developed states but for Bihar it is disappointing”.
Finance minister Nirmala Sitharaman disappointed Biharis by not saying anything on our demand of granting special status to Bihar, he added.- Amarnath Tewary
Rahul Gandhi reacts to "Zero Sum Budget"
Mamata Banerjee calls this is "Pegasus Spin Budget"
Sitaram Yechury from CPI(M) reacts to the budget
TMC's Derek O'Brien gives a reaction to duty being reduced on cut and polished diamonds
Congress Leader Gaurav Gogoi reacts to the budget
Congress Leader Jairam Ramesh tweeted on River-linking projects mentioned in the Budget 2022-23
Congress General Secretary, Randeep Surjewala reacts to the announcement of Digital Rupee
Congress reacts to the ongoing Budget