New Delhi: Member of BJP Lok Sabha Jayant Sinha on Tuesday described the Union budget presented by Finance Minister Nirmala Sitharaman as “visionary” with significant investment in infrastructure to place India on the growth path.
Participating in the discussion of the Union budget at Lok Sabha, Sinha hit the opposition said they had been left disappointed because of their “kingdom shrinking” which is now limited to Kerala.
Looking to compare the handling of the crisis situation by UPA and Prime Minister Narendra Modi-LED Nda, Sinha said India under the UPA who was governed by the Congress was classified as the “Five Brittle” during the 2007-08 global financial crisis.
“But, when the Covid pandemic hit, the prime minister and finance minister directed India through the crisis and placed the economy on the path of growth at 9.2 percent,” Sinha, a former Minister of State to finance.
He said the stock market was booming and the flow of capital had increased in the country because the world knew that India was no longer among “five fragile”.
‘Fragile Five’ is the term used in 2013 to describe Brazil, Indonesia, India, South Africa and Turkey because investors issued funds from the developing market economy to invest in a higher market.
Anticipating higher results.
Sinha also criticized Congressman of Shashi Tharoor for equalizing the next 25 years as “age of darkness” (Andh Kaal) instead of ‘Amrit Kaal’ (golden age) as described by the Minister of Finance.
“That’s right …
there is ‘Andh Kaal’ in Jharkhand and countries ruled by other congresses,” he said.
Sinha said the rural road of 36,500 km has under the MOD government and the allocation for national highways has been pegged on the Crore Rs 1.34 lakh.
Sinha also registered allocations for various sectors, including health care, MSMEs, semi-conductors, building digital infrastructure, starting other.
“That’s because of our work, the popularity of the prime minister is at its peak …
this must be disappointed.
Therefore you talk about two Indias.
You are not happy because your kingdom shrinks and the people with us,” said people with us.
IUML member Abdussamad Samadani said the budget would widen the gap between rich and poor people.
He said the budget completely ignored the poor who had caused 57 percent of national wealth in the hands of 10 percent of people.
CPI member (M) A M Ariff said the Amrit Kaal mentioned by Sitharaman in its budget speech was for corporates, which could get control over PSU Key for the next 25 years.
Ariff urged the government to make the provisions of Rs 50 Crore to 14 Kendriya Vidyalaya which was on the verge of being turned off due to lack of support from the PSUS.
CPI member (M) accused the double standard government, argued that on the one hand it was emphasized on infrastructure development, but has refused to support the silverline semi-high train corridor which connects North and South Kerala, Aimtim Jaleel members urged the Minister of Finance to have a separate budget for the health and education sector.
Jalael also asked the government to make allocations to strengthen the health sector, which he said was found less during the Covid-19 pandemic.
He also wanted an investigation into the midday eating scheme that accused irregularities in it.
Jaleel revealed disappointed with the reduction of allocations for the education scheme for madrasas and suggested funds to divert the saved funds from the Hajj subsidy scrapping to start schools for female students.
Congressman K Muraleedharan demanded that the government close the civil flight portfolio that was departed that there was no point because Indian water had been sold to tatas and the airport was being privatized.
Muraleedharan said the opposition staunch against the Silverline project and demanded the strengthening of the train network in Kerala.
RSP member Premachandran appreciates the finance minister because it does not fall at the temptation of populist announcements after elections in five countries and also praise him for higher capital expenditures made in the budget.
Premchandran expressed unhappiness of the decline in allocations for social welfare programs and confirmed that the budget helped rich people and ignore the poor.
He said the government had to thank the UPA to enact the national rural warranty of Mahatma Gandhi and the National Food Security Law which was a mainstay in the war against Covid-19.
UPA puts India in ‘Fragile Five’, Nda led it on the growth path: Jayant Sinha
