Tuesday, February 11, 2025

‘Budget has completely derailed’: What political leaders said on FM Nirmala Sitharaman’s Budget 2025 speech

Finance Minister Nirmala Sitharaman on February 1 presented the Union Budget 2025. Reacting on her speech, political leaders has now reacted on the finance minister’s speech. 

While taking a swipe at the Centre, the Congress on Saturday said while Finance Minister Nirmala Sitharaman spoke of four engines of development, the Budget was “completely derailed”. In her Saturday budget speech, Sitharaman said agriculture, MSME, investments and exports are the four power engines of development.

Congress general secretary in-charge communications Jairam Ramesh said, “The FM spoke of 4 engines: Agriculture, MSMEs, Investment, and Exports. So many engines that the Budget has been completely derailed.”

DMK MP Dayanidhi Maran called the Budget 2025 ‘very disappointing’. While speaking to reporters, he said, “The Budget seems to be like that, it’s planned in such a way to woo the voters for Delhi, especially the Delhi elections coming on 5th February. The FM has given a big exemption saying that for 12 Lakhs, there is no tax. Then she goes on to say that there is a slab of 10% for 8-12 Lakhs. So, it is very confusing. I think the devil is in the details. She tries to promise the voters there is exemption of tax till 12 Lakhs but this is not simple and straightforward. They have to claim in TDS and all these things…So, basically it’s a let-down for the middle class once again. Middle class seems to be have been cheated by the FM once again. The infrastructure is not going for the rest of the country, it is going only towards Bihar because there are elections in Bihar this year…There is not a single word for Tamil Nadu or any other southern states…”

Congress MP Manish Tewari says, “I fail to understand that was this a budget of govt of India or was this a budget of govt of Bihar? Have you heard the name of another state than Bihar in the entire budgetary speech of the union finance minister?…”

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