CPI(M) general secretary Sitaram Yechury said the >Union Budget lacked vision and would burden the common man with “inflationary” indirect taxation .
“As with the previous two budgets, this budget of the Modi govt. is again full of hollow promises and slogans. The numbers just don’t add up. FM says budget is about fulfilling ‘desires and dreams’ but it has no vision. The dead certainty from it is of a shrinking economy,” he said.
“This budget will not kick-start the economy. It is appealing to international capital more than meeting the requirement of the people. Living standards of the people are bound to fall further,” Mr. Yechury said.
“We have adequate resources which can improve growth. Our objective should be to protect ourselves from the contraction,” he said.
“There was not a word on minimum support price for farmers. Our farmers are committing suicide. There has been 26 per cent increase in farmers’ suicide since the NDA assumed power,” Mr. Yechury said.
