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Chennai, Feb 1 (PTI) Tamil Nadu Congress Committee President K Selvaperunthagai on Saturday hit out at the Union Budget as "brazenly partial" and "anti-farmer".
The Budget was hugely disappointing as it was "anti-farmers" since there was nothing on loan waiver for them and no big concessions have been shown for MSMEs, which provided employment to maximum people followed by agriculture sector.
The Budget was a jackpot for Bihar; one that does not treat all the states on a par and "brazenly partial" and a mere mirage.
"The Budget appeared to be only for Bihar and not for the union government. This is against federalism," Selvaperunthagai alleged in a statement.
On the increased exemption limit of Rs 12 lakh for personal income tax, Selvaperunthagai said only about 3 crore people actually paid income tax and the relief, applies only to a small fraction of the 140 crore people.
The Finance Minister must, therefore, explain the concessions provided to the rest of the people in the country.
"The BJP-led government is not for the poor and the ordinary people. The increased exemption is in support of those who get high income. I condemn this strongly on behalf of the Tamil Nadu Congress," he said. PTI VGN ROH
Budget partiality alleged, said to undermine federal equity and neglect farmer and small enterprise relief. Allegation that the Union Budget is brazenly partial, favouring one region and undermining equal treatment among states, raising a federalism concern. It is criticised as anti-farmer for lacking loan-waiver measures and as inadequate for small and medium enterprises by not providing substantial concessions. The increase in personal income tax exemption is characterised as relief concentrated among a limited taxpayer segment rather than broadly distributed, prompting calls for explanation of benefits for the wider population.Press 'Enter' after typing page number.