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Uttam Kumar Reddy vents ire against Budget
TPCC president N Uttam Kumar Reddy on Saturday described the budget presented by Union Finance Minister Nirmala Sitharaman as disappointing, especially for Telangana State.
Hyderabad: TPCC president N Uttam Kumar Reddy on Saturday described the budget presented by Union Finance Minister Nirmala Sitharaman as disappointing, especially for Telangana State.
Uttam Kumar Reddy, in a media statement, said except for some changes in the income tax slabs, there was nothing new in the budget. "There is nothing in the budget for unemployed youth, farmers, women, students, and the sectors that generate jobs have been completely ignored," he said.
"The budget speech was completely silent on rising unemployment in the country which is at 45 year high. The Finance Minister neither made a mention of unemployment nor proposed any measures to address the problem," he said, adding that there was no mention of rising inflation in the country.
Uttam said that the budget was highly disappointing for Telangana State. "The Finance Minister gave no clarity on devolution of taxes to States and when their pending dues would be cleared.
Telangana has been facing injustice since 2014-15 and not a single promise made in the Andhra Pradesh Reorganisation Act has been honoured.
While the TRS government failed to make effective representation, the BJP government at the Centre neglected the State to the extent as if it didn't exist on India's map," he said.
