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Union budget a ‘non-event’ : Naveen


Odisha Sun Times Bureau

Bhubaneswar, Feb 17:

Chief Minister Naveen Patnaik today said the interim budget presented by Finance Minister P Chidambaram in Lok Sabha will no way serve the interest of common man, who is reeling under inflation and price rise.

“As anticipated, it has turned out to be a non-event. It does not inspire any confidence. There is nothing for the common man and the people of Odisha. There is no indication for stepping up capital expenditure to accelerate the sagging growth rate of the economy,” said Patnaik to reporters here in his reaction to Chidambaram’s budget.

Naveen Patnaik
Naveen Patnaik

Holding the UPA government responsible for the ordeal that the people are going through today, he said it has once again failed to address various serious issues in the Budget.

“The UPA Sarkar has created the problem of price rise for the Aam Aadmi of our country and has once again failed to address this serious issue in the Budget. The provision for food subsidy is inadequate and shows the lack of commitment for implementation of the Food Security Act,” said the chief minister.

“There is no attempt to enhance revenue and increase plan expenditure. The Plan outlay for 2014-15 is at the level of 2013-14. We have grave doubts on the flow of funds through Central Assistance for State Plan including the restructured Centrally Sponsored Schemes which now form a part of the State Plan,” said Patnaik.

BJP president KV Singhdeo termed it an election budget, which has nothing new for people. “The budget has no provision to control nflation, which has been increasing for the last 10 years. The budget has been prepared only with an eye on the elections and announced some sops for people,” said Singhdeo.

The budget will neither help generate employment for the youth nor  mitigate the sufferings of the common man, he said.

Like Singhdeo, BJD MP Baijayant  Panda too saidhere was nothing new in the interim budget. But he did welcome the One Rank, One Pension for ex-servicemen.

The Congress predictably welcomed the budget stating that it will benefit the people.

“The government has given importance to the agriculture sector by allocating more funds for loans. Besides, food subsidy estimated at 1.15 trillion rupees and fertiliser subsidy at 679.71 billion rupees will benefit the common people,” said Jaydev Jena, PCC president.