Terming the Union Budget as disappointing, Madhya Pradesh Chief Minister Kamal Nath on Saturday said it lacked a plan to deal with the economic slowdown and inflation.
Nath said the Budget, presented by Finance Minister Nirmala Sitharaman had nothing for farmers, unemployed youth, the poor and women.
In a series of tweets, Nath said, “The Finance Minister delivered a long Budget Speech but it was completely a labyrinth of data, disappointing and selling dreams. There is nothing for villages, poor, youth, employment and security of the women.”
"As always, hollow dream of doubling the income of farmers has been offered in the budget. Many old schemes have been revamped and reintroduced," he said, adding that the budget lacks a roadmap for development and progress, as well as a plan to curb the economic slowdown and inflation, Nath said.
He alleged that the rural population was completely ignored. A reduction of Rs 11,556 crore in the share of Central taxes to the State has been done in the revised estimate.
This reduction is effectively Rs 14,233 crore after including the previous deduction of 2,677 crore. This is against the interests of the State.