Congress's Udit Raj Claims Union Budget is Politically Motivated
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Synopsis
Congress leader Udit Raj has criticized the Union Budget, claiming it is politically motivated and aimed at gaining support from Delhi voters. He highlighted the lack of relief during inflation and the absence of provisions for farmers and job creation.
Key Takeaways
- Union Budget perceived as politically motivated.
- Tax exemptions were long overdue but provide little real benefit during inflation.
- No provisions for farmers' MSP or job creation.
- Concerns over sustainability and corruption in infrastructure spending.
- Budget lacks focus on employment opportunities for educated youth.
New Delhi, Feb 2 (NationPress) Congress leader Udit Raj remarked on Sunday that the Union Budget appears to be influenced by political motives, primarily targeting voters in Delhi.
Addressing the tax rebates introduced in the budget, he stated, “After years of waiting and considering the rising inflation, it was essential to increase the tax exemption limit alongside salary hikes. This adjustment is likely to enhance tax revenue, especially with the upcoming Delhi elections in mind.”
“However, the relief during these inflationary times is quite minimal. The primary focus should be on reducing inflation, which is unfortunately on the rise. Even if there are income tax exemptions, the benefits are negated by increasing inflation,” Udit Raj conveyed to IANS.
While criticizing the budget, the Congress leader pointed out, “There’s an absence of provisions for farmers' MSP, no initiatives for job creation, and a lack of focus on agriculture, which is vital for our economy.”
“The budget may have escalated expenditures for capitalists, but with infrastructure development like roads and bridges, significant funds will be needed for maintenance and repairs due to its unsustainable nature and existing corruption. Therefore, the budget encompasses more than just allocation; effective implementation is crucial,” he further commented.
When queried about the budget's influence on the Delhi elections, Udit Raj acknowledged, “While it may provide some relief for the middle class, such tax relief was long overdue. There hasn’t been an update in the tax slab for years. If it’s claimed that this is aimed at protecting the middle class's interests, it certainly has a political undertone.”
“Ultimately, there are no initiatives for job creation or governmental positions. Thus, where will our educated youth find employment? The budget has neglected this critical issue,” he concluded.
