Interim Budget cleared by Lok Sabha, Congress and Left stage walkout
The Lok Sabha on Monday passed the Interim Budget with voice vote amidst pandemonium. The Interim Budget was cleared by the House amid walkout by Congress and Left parties.
New Delhi: The Lok Sabha on Monday passed the Interim Budget with voice vote amidst pandemonium. The Interim Budget was cleared by the House amid walkout by Congress and Left parties. The Budget that announced a massive direct cash transfer scheme worth Rs. 75,000 for farmers was criticised by the Congress as having no real substance. The House also passed the Appropriation (Vote on Account) Bill 2019 and the Appropriation Bill 2019.
The Bills were passed by voice vote after the Finance Minister’s reply. Replying to debate on the Interim Budget earlier, Finance Minister Piyush Goyal said that the country is going on the path of development ever since Narendra Modi came to power.
He said, the NDA government has worked tirelessly for every section of the society in the past five years and the Budget has taken care of all of them. Highlighting the economic achievements, the Minister said, the NDA government has brought down the fiscal deficit to 3.4 percent.
He added that inflation has also come down to 2.19 percent last December. Goyal said, the Budget has taken care of the middle class by giving them tax benefits.
‘MSP of 22 crops raised by 1.5 times’
He said Prime Minister Kisan Samman Nidhi will provide food security to the farmers. He said people who are belittling this provision fail to realise the value which six thousand rupees holds for the poor farmers. The Minister alleged that in its ten years, the UPA government did not make any special provisions for the farmers in the general budget.
He said the NDA government has brought several schemes for farmers during its tenure. He pointed out that the government increased the Minimum Support Price of 22 crops by 1.5 times. Goyal said that in the 2014-15 interim budget, tax on SUV cars was brought down which benefited the rich class while in this budget, the government has given several benefits to common man.
Terming the budget as an honest one, he said, Prime Minister Narendra Modi wants honest budgets to become a habit in the country. He alleged that earlier, UPA government made several promises in the Budget but did not fulfil them.
He said, NDA government will protect the honest and punish the dishonest. The Minister alleged that Congress is not able to digest the fact that country’s economy has steadily become stronger in the past five years. Goyal also rejected Opposition charge of terming the Budget as full fledged. He emphasised that this is only an interim budget.
While Minister was replying, TDP and Congress members created noisy scenes in the House. TDP members were demanding special status for Andhra Pradesh while Congress pressed its demand for JPC probe in Rafale aircraft deal. Later, Congress members staged a walkout.
AIADMK describes Budget as BJP’s poll manifesto
Earlier, participating in the debate, M Thambidurai of AIADMK said, the income support to farmers announced in the Budget is meagre, and it remains silent on employment scenario in the country.
He described the budget as BJP’s election manifesto. He said, small businesses were hit by demonetization. He also requested the Central government to release the funds for various schemes and arrears of GST for Tamil Nadu.
Congress MP M. Veerappa Moily said, the budget allocation for defence sector is less as compared to last year’s budget. Moily said, because of demonetization, the industrial output and MSME sector suffered a loss and the GDP rate also declined.
He said, the unemployment rate is growing under the present government and is a matter of concern. Another Congress leader Shashi Tharoor said, annual benefit of 6000 rupees to farmers is a negligible amount. He said, the crisis is serious in the overall farm situation.
Jitendra Chaudhary of CPI(M) accused the government of manipulating data to show its success on economic front. He said the general budget has nothing for the youth and alleged that the Centre has not taken any steps to fill up around 24 lakh pending vacancies in government departments.
Participating in the debate, Union Minister Jayant Sinha said, due to ceaseless efforts of NDA government, India is now one of the best performing economies. He said, due to effective policies and reforms, Indian economy has been formalised and it is now one of the fastest growing economies of the world.