Case of wrong diagnosis and prescription: Cong on Budget

TIL Desk/National/New Delhi/ The Congress on Monday strongly criticised the Union budget, saying Finance Minister Nirmala Sitharaman’s speech was oblivious to the declining GDP and the budget was a case of “wrong diagnosis and prescription”.

“The FM could have been brave but chose to be timid. The nation needed a bold budget and more direct transfers to the weaker sections to revive demand, restart job creation,” senior Congress leader and Deputy leader of Opposition in Rajya Sabha Anand Sharma tweeted.

The budget is “disappointing” and without a roadmap for accelerating growth and revival of consumer demand, he said. Congress spokesperson Manish Tewari also alleged that the budget was a “national monetisation plan — short hand for National Sell out” and there was “no central focus in Budget”.

“FM’s Talkthorn (sic) oblivious that growth rate of GDP is in a record 37th month decline.Worst Crisis since 1991. Except for a National Monetisation Plan – short hand for National Sell out no Central Focus in Budget. Bottom line-Will not grow economy but sell the family silver,” he tweeted.