HM flays Union Budget, says unprogressive and disappointing
The Congress Party also condemned the Union Budget, with former Finance Minister P Chidambaram arguing that Finance Minister Nirmala Sitharaman has not adhered to the Chief Economic Advisor's suggestions for deregulation.
ANI
BENGALURU, 2 FEB
Karnataka's Home
Minister, G Parameshwara, has expressed significant discontent with the Union
Budget 2025, labelling it "unprogressive and disappointing." In a statement
to ANI, he highlighted the budget's failure to address critical issues such as
housing for the underprivileged, irrigation projects, and educational
infrastructure.
"This is the
most disappointing Budget for Karnataka. We expected a better allocation than
last time," he stated, emphasising the state’s requests for funding for
rural housing and key irrigation projects, including Upper Bhadra and Mekedatu,
which remain unsupported. Additionally, he noted the lack of funding for the
establishment of IITs and IIMs, asserting Karnataka's position as a leader in
education.
Parameshwara
further criticised the budget for neglecting essential sectors such as
agriculture and industry, expressing concern that it reflects a lack of
consideration by the government.
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