<h1>Rupee Depreciation and Income Tax Hike Criticized Amidst Allegations of Discrimination in Fund Allocation and Increased Chinese Imports</h1> The Indian rupee has depreciated by 50% against the US dollar during the Modi government's tenure, compared to a 33% decline during the previous UPA regime, according to a CPI-M MP. Despite offering income tax relief to the middle class, the government projects a 14.4% increase in income tax collection. Criticisms include increased imports from China and alleged discrimination in fund allocation for Maharashtra. Defending the Budget, BJP members highlighted welfare schemes and economic growth. Initiatives like the Makhana Board in Bihar were praised for empowering women and boosting local economies.