'Budget is election manifesto,attempts to bribe voters'

Agencies
February 1, 2019

Feb 1: Leader of Congress in Lok Sabha Mallikarjun Kharge on Friday termed the Union Budget as BJP's "election manifesto" and accused the ruling dispensation of bribing voters ahead of the Lok Sabha polls.

Speaking to reporters outside Parliament, Kharge said the promises made by the BJP in this budget are mere poll sops and "jumlas", which will not be fulfilled as the BJP has a mandate to rule only till May this year.

General elections are slated to be held in April-May.

"I would term today's budget as BJP's election manifesto," Kharge said.

"This is all being done for elections. I directly charge them of paying bribe to voters," he alleged.

Kharge said the BJP has not told the people on what they have achieved during their rule and how many promises it has fulfilled in its five years of government.

It also did not talk about its "jumla" of providing Rs 15 lakh into the bank accounts of people, he said, adding that it also did not fulfil the promise of providing 10 crore jobs in five years.

"These are only election sops and 'jumlas', as they had been speaking about 'jumlas' in the past.

"There is politics in everything they do and there is nothing for the poor in this budget...This budget is only an election manifesto that the BJP read in Parliament and it is only for getting votes," Kharge said, adding people understand that they will not be befooled any more.

The senior Congress leader said no progress has taken place in their government and what they are going to do in future are 'mere jumlas (gimmicks)', from which people will not benefit.

"The BJP are thinking that they will get votes, but people understand that as in the past they had deceived and befooled the people, youth and farmers and they are doing so again," he said.

Kharge also alleged that the budget for Dalits is also very less, as there is very less provision for them and alleged that the BJP is trying to befool the farmers.

He alleged that the government did not provide 10 crore jobs and the money kept for 1.2 crore houses is very less.

Farmers with less than 2.5 hectares land, he said, will get only Rs 6,000 per year, which is Rs 500 per month.

"They are distributing money in elections to please farmers, but the reality is that in the first three months they would give only Rs 2,000 in first instalment," he said.

On the announcement of Income Tax exemption up to Rs 5 lakh to tax-payers, he alleged the BJP parliamentarians are creating a 'tamasha' in Parliament.

"You have a mandate up to May and instead they have presented a full year's budget and are trying to befool the people of the country, keeping elections in mind.

"Who will fulfil these promises made. If they do not come to power, who will fulfil these promises. The next government will come and only it can deliver.

"These are only election sops and 'jumlas', as they had been speaking about 'jumlas' in the past," he said.

Comments

Peacelover
 - 
Friday, 1 Feb 2019

This budget with a aim of 2019 election's  a election budget only in favor to rss back ground bjpeans benifit and not with publics/Indian citizens benifit. This will no more divert major part voters mind. Only pracharak n godse bakth may support.

 

No doubt jumle baaj n team will never come to power any more in India.

 

 

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News Network
February 29,2020

New Delhi, Feb 29: India’s economy expanded at its slowest pace in more than six years in the last three months of 2019, with analysts predicting further deceleration as the global Covid 19 coronavirus outbreak stifles growth in Asia’s third-largest economy.

The gross domestic product (GDP) data released yesterday showed government spending, private investment and exports slowing down, while there is a slight upturn in consumer spending and improvement in rural demand lent support.

The quarterly figure of 4.7% growth matched the consensus in a Reuters poll of analysts but was below a revised - and greatly increased - 5.1% rate for the previous quarter.

The central bank has warned that downside risks to global growth have increased as a result of the coronavirus epidemic, the full effects of which are still unfolding.

Prime minister Narendra Modi’s government has taken several steps to bolster economic growth, including a privatisation push and increased state spending, after cutting corporate tax rates last September.

In its annual budget presented this month, the government estimated that annual economic growth in the financial year to March 31 would be 5%, its lowest for last 11 years.

Modi’s government is targeting a slight recovery in growth to 6% for 2020/21, still far below the level needed to generate jobs for millions of young Indians entering the labour market each month.

The annual GDP figure for the September quarter was ramped up from an earlier estimate of 4.5%, while the April-June reading was similarly lifted to 5.6% from 5%, data released by the Ministry of Statistics showed on Friday.

Capital Investment Drop

In the December quarter, private investment grew 5.9%, up from 5.6% in the previous quarter, while government spending rose by 11.8%, against 13.2% in the previous three months.

However, corporate capital investment contracted by 5.2% after a 4.1% decline in the previous quarter, indicating that interest rate cuts by the central bank have failed to encourage new investment. Manufacturing, meanwhile, contracted by 0.2%.

“It appears growth slowdown is not just cyclical but more entrenched with consumption secularly joining the slowdown bandwagon even as the investment story continues to languish,” said Madhavi Arora of Edelweiss Securities in Mumbai.

Many economists said that the government stimulus could take four to six quarters of time before lifting the economy and the impact of those efforts could be outweighed by the global fallout from the coronavirus epidemic that began in China.

“The coronavirus remains the critical risk as India depends on China for both demand and supply of inputs,” said Abheek Barua, chief economist at HDFC Bank.

Indian shares sank on Friday for a sixth session running, capping their worst week in more than a decade. The NSE Nifty 50 index shed 7.3% over the week, while the Sensex dropped 6.8%, the worst weekly declines since the 2008-09 financial crisis.

Separately, India’s infrastructure output rose 2.2% year on year in January, data showed on Friday.

A spike in inflation to a more than 5-1/2 year high of 7.59% in January is expected to make the RBI hold off from further cuts to interest rates for now, while keeping its monetary stance accommodative.

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News Network
June 22,2020

New Delhi, Jun 22: Defence Minister Rajnath Singh on Monday left for a three-day visit to Russia. Singh is likely to discuss the India-Russia defence and strategic partnership during the visit and also attend a military parade in Moscow to mark the 75th anniversary of the Soviet victory over Nazi Germany in the Second World War.

The visit comes days after the violent face-off with China in which 20 Indian Armymen were killed in Galwan valley in Ladakh.

"Leaving for Moscow on a three day visit. The visit to Russia will give me an opportunity to hold talks on ways to further deepen the India-Russia defence and strategic partnership. I shall also be attending the 75th Victory Day Parade in Moscow," the Defence Minister tweeted.

Defence Secretary Ajay Kumar is also accompanying the minister.

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News Network
May 27,2020

May 27: At a time when India is struggling with the deadly coronavirus, huge swarms of locusts in many states has bought nightmares to the farmers.

Experts warn of extensive crop losses if authorities fail to curb the fast-spreading swarms by June when monsoon rains spur rice, cane, corn, cotton, and soybean sowing.

Locusts entered India after traveling from Africa through Yemen, Iran and Pakistan.

After massive devastation in Pakistan, t swarms of locusts entered India through Rajasthan and Gujarat. The number is so large that the farmers and authorities are feeling helpless in tackling the threat.

The situation has become more alarming as the locusts is spreading across the country at an extremely fast rate. After badly affecting the crops in Rajasthan, Gujarat, Maharashtra, and Madhya Pradesh, the swarm of locust have now entered Uttar Pradesh.

In Rajasthan alone, the locust attack has damaged 5 lakh hectares of crop and nearly 17 districts of Madhya Pradesh have also seen their terror. Earlier from May 2019 to February 2020, too, the locust swarms entered India several times.

Speaking on the current situation, Dr Ram Pravesh, District Agricultural Officer, Agra, Uttar Pradesh said the Department of Agriculture is working with farmers in dealing with the situation. He urged the farmers to inform their Mandal Krishi Adhikari if they require any help.

India's largest-ever locust attack was in 1993 when more than three lakh hectares of cultivated land were completely destroyed.

Earlier in 2020, farmers salvaged their wheat and oilseed crops from a previous locust scourge.

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