Budget 2020 political reactions: Govt calls Budget reform-oriented; Opposition terms it rambling, says 'no focus on job creation'

WION Web Team
New Delhi, Delhi, India Published: Feb 01, 2020, 02:32 PM(IST)

File photo of Rahul Gandhi. Photograph:( IANS )

Story highlights

The FM Presented the budget at a time when the Indian economy was facing multipronged challenges including lack of jobs and slowing consumption. 

Finance Minister Nirmala Sitharaman presented her second Budget in Prime Minister Narendra Modi's second term in what is considered to be the most difficult budget in a decade. 

Also Read: Union Budget 2020-21- News Updates

The FM Presented the budget at a time when the Indian economy was facing multipronged challenges including lack of jobs and slowing consumption. 

Also Read: Sitharaman allocates Rs 99,300 crore for education

Here are the reactions of political leaders on Sitharaman's budget: 

The budget gives an outline of new and confident India: Defence Minister Rajnath Singh

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Govt removes incentives to ''save'' in the nation with no social security: Trinamool Congress on Budget

The Trinamool Congress on Saturday slammed the Union Budget over the removal of tax exemptions and questioned such a move in a country with no social security.
Finance Minister Nirmala Sitharaman introduced new slabs and reduced the tax rate for different slabs for an individual income of up to Rs 15 lakh per annum, if a taxpayer opts for foregoing exemptions and deductions.

Nominal GDP growth for 2020-21 estimated at 10 per cent, says FM Sitharaman 

The official handle of Congress party tweeted that the Budget 2020 has failed to layout a roadmap or plan on how the govt plans to address this serious issue.

Congress

Criticizing the Union Budget presented by the Finance Minister Nirmala Sitharaman, Congress leader Rahul Gandhi said that govt's hollow approach visible in Budget. The budget describes govt's mindset well - all talk, nothing concrete; a lot of repetition and rambling. 

"Did not see any concrete, strategic idea in Budget that could help youngsters get jobs; redundant things, no central idea," said Rahul Gandhi.

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