February 1, 2021
1 min read

Modi hands over assets to crony capitalist friends: Rahul

The Congress and the opposition came down heavily on the Centre after the Union Budget presentation by Finance Minister Nirmala Sitharaman…reports Asian Lite News

Congress leader Rahul Gandhi on Monday slammed the Centre for not providing cash transfers to the poor in the Union Budget, and said the Modi government was planning to give the country’s assets to a few capitalists.

In a tweet after the Budget, he said, “Forget putting cash in the hands of people, Modi Govt plans to handover India’s assets to his crony capitalist friends.”

The Congress and the opposition came down heavily on the Centre after the Union Budget presentation by Finance Minister Nirmala Sitharaman.

Ahead of the Budget, the Congress had sought the repeal of the farm laws and more expenditure on the agriculture sector.

Rahul Gandhi had said, “Support MSMEs, farmers and workers to generate employment, and increase Healthcare expenditure to save lives. Increase Defence expenditure to safeguard borders.”

The Congress had earlier stated that the government should impart a large fiscal stimulus to the economy, even if it was belated. “Such a stimulus alone will put money in the hands of the people,” the party had said.

The Congress leaders had asked the Centre to make direct cash transfers to 20-30 per cent of the families who are at the bottom of the economy for a period of at least six months.

It also asked the government to formulate and implement a rescue plan for the MSMEs to revive closed units, recover lost jobs and create new jobs for those who had moderate education and skills, and also reduce tax rates, especially GST and other indirect tax rates on petrol and diesel.

The party said the government should increase government capital expenditure and encourage public sector banks to lend without fear of investigative agencies probing every loan.

Also read:Phones may get expensive as custom duty hikes

Previous Story

Phones may get expensive as custom duty hikes

Next Story

People left disappointed: Gehlot on Budget

Latest from -Top News

Namibia voices concern over US tariffs

AGOA is a non-reciprocal trade arrangement aimed at supporting development in African countries through preferential access to US markets The Namibian government has expressed concern over newly imposed US tariffs, warning that

Uganda, South Sudanese leaders hold talks

Museveni, who is among the guarantors of a 2018 peace agreement that ended a five-year civil war, held closed-door discussions with President Salva Kiir Uganda’s President Yoweri Museveni was expected to meet

Protests across US against Trump

The largest event was at the National Mall in DC, where demonstrators numbered in the tens of thousands People across the US took to the streets on Saturday to oppose what left-leaning

Namibia voices concern over US tariffs

AGOA is a non-reciprocal trade arrangement aimed at supporting development in African countries through preferential access to US markets The Namibian government has expressed concern over newly imposed US tariffs, warning that

Africa CDC calls for self-reliance

Data from the African Union’s specialised healthcare agency show that the continent, over the past 24 months, has witnessed an “unprecedented surge in public health emergencies,” rising from 152 disease outbreaks in
Go toTop