<\/p>\n
Finance Minister Nirmala Sitharaman will present Budget 2024 in the Parliament today.<\/p>\n<\/div>\n
The Budget, first of the third consecutive government led by Prime Minister Narendra Modi, comes in the backdrop of changed political landscape in the country. The BJP fell short of the majority mark in the Lok Sabha elections 2024 forcing it to rely on its National Democratic Alliance(NDA) allies including N Chandrababu Naidu-led Telugu Desam Party (TDP) and Nitish Kumar-led Janata Dal (United) to form the government at the Centre.<\/p>\n<\/div>\n
Sitharaman had presented an interim Budget for the current financial year (2024-25) on February 1. Then Sitharaman had termed it the first Budget in \u2018Amrit Kaal\u2019.<\/p>\n<\/div>\n
“This is the first budget in Amrit Kaal, this budget hopes to build on the foundation laid in the previous budget and the blueprint laid for India@100, we envision a prosperous and inclusive India in which the fruits of development reach all,” Finance Minister Nirmala Sitharaman said in her Budget 2023 speech on February 1, 2024.<\/p>\n<\/div>\n
The term \u2018Amrit Kaal\u2019, first used by Prime Minister Narendra Modi in 2021, comes from Vedic astrology and indicates a sort of golden era. By \u2018Mitr Kaal\u2019, Gandhi perhaps suggested that the Modi government\u2019s budget favoured \u2018friends\u2019 (English for Mitr) in the business world.<\/p>\n<\/div>\n
Congress leader Rahul Gandhi, now the leader of opposition (LoP) in Lok Sabha, had reacted to the Budget by calling it a \u2018Mitr Kaal\u2019 Budget which does not do anything to tackle unemployment, inflation or inequality.<\/p>\n<\/div>\n
\n\u2018Mitr Kaal\u2019 Budget has:
NO vision to create Jobs
NO plan to tackle Mehngai
NO intent to stem Inequality<\/p>\n1% richest own 40% wealth, 50% poorest pay 64% of GST, 42% youth are unemployed- yet, PM doesn\u2019t Care!<\/p>\n
This Budget proves Govt has NO roadmap to build India\u2019s future.<\/p>\n