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Budget pro-rich, pro-corporate
The Union Budget, presented by Finance Minister Arun Jaitley in Parliament on Monday, evoked mixed reaction from the Left parties, students and women organisations in the city. Here are the opinions expressed by the leaders to The Hans India.
Vijayawada: The Union Budget, presented by Finance Minister Arun Jaitley in Parliament on Monday, evoked mixed reaction from the Left parties, students and women organisations in the city. Here are the opinions expressed by the leaders to The Hans India.
All India Trade Union Congress (AITUC) National secretary G Obulesu said that that the budget was pro-corporate and ignored the assurances made to Andhra Pradesh during bifurcation. The meager allocation of Rs 100 crore to Polavaram project was raising doubts whether it would be completed ever at all, he said.
The Central government laid emphasis on facilitating the corporate companies and ignored the much-needed perks for middle and low income groups. He also found fault with the Centre for totally ignoring the demands of the working class, but it also attacked the statutory social security schemes by making coverage under the ESI and Provident Fund optional.
National Federation of Indian Women (NFIW) National leader P Durga Bhavani dubbed the budget as pro-rich, pro-corporate, and anti-common. Meager allocations were made to Integrated Child Development Services (ICDS) and Midday meal scheme implementation leaving the common public and students in the lurch.
The budget allocations have given a clear picture of exemptions to rich, besides suppressing the common and middle class sections. About Rs 5,000 crore subsidies on food grains was reduced under Public Distribution System (PDS) making the lower middle sections to die of starvation, she said.
Students Federation of India (SFI) State president Y Ramu, said that Centre failed to allocate adequate funds for skill development and policies to increase the educational standards for the students in rural areas by setting up universities. Shockingly, the Centre has allotted Rs one crore for Tribal university, Rs 30 crore for IIT (Tirupati), Rs 40 crore for IIM and NIT.
Also, there is no clarification from the government on the digital literacy scheme and meagre funds of Rs 1,000 crore corpus funds for higher education will not yield good results. Much-hyped Pradhan Mantri Kaushal Vikas Yojana (PMKVY) failed to achieve the targets. Giving jerk to the unemployed youth, it planned skill development training for only one crore youth, while the country has more than 30 crore unemployed youth, he said.
