Saturday, March 6, 2021
Home News Reports Budget 2019: former PM Manmohan Singh says farm and tax benefits announced in the...

Budget 2019: former PM Manmohan Singh says farm and tax benefits announced in the budget will have implications in elections

Though the populace is expected to be content with the Interim Budget, which prima-facie, appears to be a pro-people budget, the usual suspects are already out there, making false affirmations against the Modi government.

The Narendra Modi government’s Interim Budget 2019, presented by the Interim Finance Minister Piyush Goyal in the Parliament today had some big giveaways for the middle class, small farmers and the rural population.

The interim budget was revered by the ailing Finance Minister, Arun Jaitley, who called it “unquestionably Pro-Growth, Fiscally prudent, Pro-Farmer, Pro-Poor”.

However, the Opposition, as expected, are not seeming very happy and are targeting the ruling government, calling the budget yet another “election jumla”.

Former Prime Minister and Congress veteran, Manmohan Singh on being asked about the big income tax gift for the middle class and farmers, was quick on critiquing the budget, calling it “an election budget”. Former prime minister Dr Manmohan Singh said that the concessions provided to farmers and the middle-class will have implications on the general elections due by May.

Piyush Goyal, reading out the budget in parliament, after making a series of big announcements had said, “this is not just an Interim Budget, this is a vehicle for developmental transformation of the nation.”

The Interim Budget 2019 have some big endowments, especially for the middle class and the farmers of the country.

  • Those with an annual income of up to Rs 5 lakh will not have to pay income tax.
  • Under Pradhan Mantri Kisan Samman Nidhi, farmers with less than 2 hectares of land will be given ₹6,000 per annum towards income support for procurement of inputs.
  • A pension scheme for workers in the unorganised sector with a monthly income of up to Rs 15,000 too was announced. They will have an assured monthly pension of Rs 3,000 after they retire at 60.
  • The government has decided to hike the gratuity limit from Rs 10 lakh to Rs 20 lakh from the next financial year.
  • Income tax refunds will be processed within 24 hours and released immediately.

Though the populace is expected to be content with the Interim Budget, which prima-facie appears to be a pro-people budget, the usual suspects are already out there making false affirmations against the Modi government.

Former finance minister with the UPA government P Chidambaram, who himself is under the scanner facing corruption and money laundering charges, trying to take claim for the pro-poor budget, slammed Goyal for “copying Congress’ declaration that the poor have the first right to the resources of the country”.

Well, the Congress who for all this while have been favouring ‘fair share for minorities’ and claiming that the Muslims have the first claim on the resources have swiftly shifted goals, taking credit for the pro-poor stance adopted by the BJP government, in their futile attempt to woo the public.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Violence in Bengal, election rigging, misgiving of Congress, Abbas Siddiqui, COVID-19 and China: CPI (M) leader Rabin Deb talks to OpIndia

Rabin Deb, one of the tallest leaders in West Bengal of the CPI (M) talks to OpIndia ahead of the 2021 elections, TMC and BJP

Antilia bomb scare: Mansukh Hiren had written to Maharashtra CM and others alleging harassment by police and journalists. Read details

Two days before Mansukh Hiren had gone missing, he had sent a letter to Maharashtra CM, HM, and the police alleging mental harassment

NCPCR to take action against Christian NGO Persecution Relief for tarnishing the reputation of India

NCPCR said that Persecution Relief published a false report about the abuse of Child protection law in India and shared it in 150 countries

After IT raids, Taapsee Pannu suffers a meltdown and admits that she was questioned about cash receipts of Rs 5 crores

Taapsee Pannu attempted to take a sly at Finance Minister Nirmala Sitharaman for simply clarifying the facts about the raids

Watch: ‘Farmers’ bully and pounce on a young girl as she confronts Rakesh Tikait on Republic Day riots

When the girl questioned Rakesh Tikait over the Republic Day riots, farmer leaders on the stage snatched away the microphone from her

‘Haram or Halal, TMC wants only money’, says West Bengal Congress leader Haji Mohabbat Khan in an interview with OpIndia

The Congress leader said that if 'communal BJP' has to be stopped from winning in West Bengal, then Congress is the only hope

Recently Popular

Kiren Rijiju gives befitting reply to ‘befitting reply queen’ Taapsee Pannu’s boyfriend, who wanted the law to bend to his whims

Matthias Boe, boyfriend of actress Taapsee Pannu, had appealed to Kiren Rijiju to 'do something' to help the actress.

Indian Govt should ask badminton coach and Taapsee Pannu’s boyfriend Mathias Boe to quietly do his job or quit

Mathias Boe had tweeted tagging Minister Kiren Rijiju, asking him to do 'something' about the IT raids on his girlfriend Taapsee Pannu

After IT raids, Taapsee Pannu suffers a meltdown and admits that she was questioned about cash receipts of Rs 5 crores

Taapsee Pannu attempted to take a sly at Finance Minister Nirmala Sitharaman for simply clarifying the facts about the raids

Crores of undisclosed income, unexplained cash receipts and more: IT Dept discovery so far in raids against Anurag Kashyap, Taapsee Pannu

Income Tax department (IT dept) conducted raid on properties linked to filmmaker Anurag Kashyap, actress Taapsee Pannu and others

‘Does money in Bollywood come from Ganga?’: Shiv Sena mouthpiece claims Taapsee Pannu, Anurag Kashyap targeted for supporting ‘farmer protests’

The Saamana editorial asked why only Taapsee Pannu and Anurag Kashyap were targeted and not other Bollywood celebrities.

Her husband used to talk vulgar to girlfriend in front of her: Here is what the lawyer of Ayesha, who jumped into Sabarmati river,...

Ayesha, who committed suicide by jumping into the Sabarmati River in Gujarat on March 1, had a disquiet marital life
- Advertisement -

 

Connect with us

253,231FansLike
522,207FollowersFollow
23,800SubscribersSubscribe