AIADMK, BJP's Former Ally, Labels Union Budget As ‘Bihar Budget’

AIADMK general secretary Edappadi K Palaniswami said the Budget did not have special schemes for states like Tamil Nadu and it appeared to be "Bihar's Budget".

Edappadi Palaniswami claimed that there was nothing to create job opportunities and give a boost to skill development initiatives. 

Source : Facebook

Tamil Nadu's main opposition AIADMK on Saturday alleged that the Union Budget appeared to be "Bihar Budget," and flayed the Centre for not announcing special schemes for the state.

AIADMK general secretary Edappadi K Palaniswami said the Budget did not have special schemes for states like Tamil Nadu and it appeared to be "Bihar's Budget," rather than the Union Budget as several development schemes have been announced for that state as Assembly election is due there this year.

The Economic Survey says a growth rate that is not less than 8 per cent is needed for over a decade to achieve the goal of a developed Bharat (Viksit Bharat) by 2047, Palaniswami, former Chief Minister said.

2024-25 பொருளாதார ஆண்டறிக்கையில், குறிப்பிட்ட பொருளாதார வளர்ச்சியை எட்ட, முதலீட்டு மூலதனத்தை ஊக்கப்படுத்தவும், உள்நாட்டு நுகர்வை அதிகரிக்க வேண்டிய அவசியம் பற்றியும் குறிப்பிடப்பட்டிருந்தது. ஏழைகள், பெண்கள், விவசாயிகள், இளைஞர்கள் ஆகியவர்களை மையமாக கொண்டு 2025-26 நிதிநிலை…

— Edappadi K Palaniswami - Say No To Drugs & DMK (@EPSTamilNadu) February 1, 2025

 

However, since the Budget has only increased the exemption limit for personal income tax, it appeared to be a document of "jugglery of words," and increasing growth rate to 8 percent remained a "big question mark." Though substantially increasing the income tax exemption limit was a welcome move, it does not have any special schemes, river water interlinking initiatives, railway schemes and MetroRail plans (Coimbatore and Madurai) for Tamil Nadu. Also, there was nothing to create job opportunities and give a boost to skill development initiatives, he claimed. 

(This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)