Price range 2021: Case of ‘fallacious analysis and prescription’, says Congress

Picture Supply : PTI

Congress reacts to presentation of Union Price range 2021

Strongly critising the Union Price range 2021, the Congress on Monday stated Finance Minister Nirmala Sitharaman’s speech was oblivious to the declining GDP and the finances was a case of “fallacious analysis and prescription”. Taking to Twitter, senior Congress chief and Deputy Chief of Opposition in Rajya Sabha Anand Sharma stated, “The FM may have been courageous however selected to be timid. The nation wanted a daring finances and extra direct transfers to the weaker sections to revive demand, restart job creation.”

The finances is “disappointing” and and not using a roadmap for accelerating progress and revival of client demand, he stated.

Congress spokesperson Manish Tewari additionally alleged that the finances was a “nationwide monetisation plan — quick hand for Nationwide Promote out” and there was “no central focus in Price range”.

“FM’s Talkthorn (sic) oblivious that progress fee of GDP is in a document 37th month decline.Worst Disaster since 1991. Apart from a Nationwide Monetisation Plan – quick hand for Nationwide Promote out no Central Focus in Price range. Backside line-Won’t develop financial system however promote the household silver,” he tweeted.

Senior Congress chief Shashi Tharoor additionally took a dig on the Centre over the finances, saying “this BJP authorities jogs my memory of the storage mechanic who informed his consumer, ‘I could not repair your brakes, so I made your horn louder’.”

One other Congress spokesperson Jaiveer Shergill stated the finances has left the center class “bruised and wounded” by not altering tax slabs, not rising deductions, not making new deduction slots like house loans, not bringing gas beneath GST, not sharing Rs 19 Lakh crore achieve from gas taxes, not lowering GST charges.

“After promising a century, FM is out hit wicket at Zero !! As an alternative of calling it as ‘finances of the century’ will probably be remembered as ‘blunder of the century’ by BJP Govt #Price range2021,” he tweeted.

“Price range case of ‘fallacious analysis and fallacious prescription’ by BJP authorities which as an alternative of therapeutic, reforming and rejuvenating has chosen to undertake damaging, disappointing and destroying method to push the financial system additional into the vortex of recession,” he tweeted. 

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