Rare political consensus: UPA in poll mode
It's a typical election year Budget that puts money into lots of voters' pockets. Prime Minister Manmohan Singh has expressed his happiness on the Budget.
''This is an outstanding budget which lives to the reputation that this government works for common man. It's an aam admi's Budget, farmer's Budget and middle class Budget,'' said Dr Manmohan Singh, Prime Minister.
A beaming UPA chairperson Sonia Gandhi termed the Budget as revolutionary.
''The move to waive off farm loans is revolutionary. It's a historic day,'' said Sonia Gandhi, Congress president.
Railway Minister Lalu Prasad hailed the Budget in his own inimitable style.
''I give full marks to the Budget and it's not just Chidambaram alone who is responsible. Even we have made our suggestions to make it a people-friendly Budget,'' said Lalu Prasad, Railway Minister.
BJP criticises
However, senior BJP leader Yashwant Sinha played down the hype around the Budget.
''Whatever they announced in the Budget, they have done so in the last year of their government,'' said Yashwant Sinha, Spokesperson, BJP.
Union Agriculture Minister Sharad Pawar said: ''I feel that after this massive relief, the farmers will be able to get back into the credit cycle. Now, farmers will be able to acquire money for next year's crop. A big burden has been taken off the farmers. This is a progressive move.''
CPI's Gurudas Dasgupta described the Budget as an ''election stunt''. ''The finance minister has announced everything except the date of elections,'' he said.
Shiv Sena's Anant Geete sought to concur with the BJP's stand, saying that the government has woken up rather late in the day.
He also claimed that the loan waiver would not in any way ameliorate the plight of farmers in Vidarbha who are in deep debt.
BJD's Tathagat Satpathy disapproved of the loan waiver saying that the government should not encourage ''bad habits'' but invest in agriculture heavily to make it more viable.
Election oriented Budget
Almost all parties felt that it was a totally election oriented Budget.
CPI leader D Raja described the budget as a ''positive step'' but added that Finance Minister P Chidambaram could have ''gone further and done something more for the farmers.
''There has been no change in the corporate tax structure. The Budget has only increased the disparity between rich and poor,'' Raja added.
He said that the loan waiver announced in the Budget is based on the current prices, however, for countering future prices a National Rural Debt Relief Commission should be set up.
The CPI leader expressed disappointment over the ''small increase'' in the allocation for National Rural Employment Guarantee Act (NREGA).
''This Budget has reflected the tone tenor and content of a Budget before a general elections,'' said Sitaram Yechury, Leader, CPI(M).
For some time, there has been speculation that the government will present a populist Budget, and then perhaps, give the go-ahead to the contentious nuclear deal and face early elections.
Step one has been taken, will the government take the next two steps. (With PTI inputs)
News Source : Samachar
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