Union Budget 2022: Telangana CM K Chandrashekar Rao Says The Budget Is Useless, Calls It 'Golmaal'

CM said the measures taken by the Central government to support the agricultural sector were futile.

Hyderabad: Chief Minister K Chandrasekhar Rao has opined that the budget introduced by the Center on Tuesday has caused severe disappointment to the SC, ST, BC minorities, the peasantry, the commoner, the poor, the working class and the employees.

The CM said that the budget introduced by the central government on Tuesday is a useless budget that has no direction. He said that the budget speech read out by the Union Finance Minister Nirmala Sitharaman was full of ambiguity and rhetoric.

The CM termed the Union Budget as a "Golmaal Budget" in which the central government was slashing its ailments, leaving the common man in a state of despair.

The CM said the measures taken by the Central government to support the agricultural sector were futile. He said that this budget is Big Zero for the country's agricultural sector.

He criticised that the budget is completely ignoring the country's handloom sector. He said the budget had left employees and small traders in deep despair. 

The CM said it was unfortunate that nothing had changed the slabs in the Income Tax. The central budget has watered down the hopes of the working class and other taxpayers who are eagerly awaiting the policy of slabs in the payment of income tax.

He said the budget made it clear that the Center had been negligent in developing the health and infrastructure sectors.“ All over the World during the corona Pandemic health and infrastructure sectors are being developed, our central government did not even think on those lines. And it is unfortunate. With Corona in the backdrop, no efforts were put to develop the medical and health sector in the country. It is surprising that the Centre is not bothered about the public health,” the CM said.

Earlier, Telangana's Minister for Municipal Administration and Urban Development KT Rama Rao wrote to Union Finance Minister Nirmala Sitharaman requesting to allocate Rs 7,778 crore for the state in the  Union Budget 2022-23.

He asked for financial assistance from the Centre for various projects such as the KPHB-Kokapet-Narsingi Corridor, the Warangal Metro-Neo project, Mass Rapid Transit System (MRTS), the Metro Neo Network, the second installment of the Strategic Road Development Plan (SRDP), the Moosi Riverfront Development, East-West Expressway, elevated corridors and construction of sewerage treatment plants.