New Delhi, February 1: Opposition Throw-outs Arun Jaitley’s Union Budget saying it was a Hopeless budget for country Growth. Congress vice-president Rahul Gandhi said they were expecting fireworks but instead got a damp squib. Meanwhile Terming the Union Budget 2017 as clueless and misleading, West Bengal Chief Minister Mamata Banerjee claimed it has no road map and is full of jugglery of numbers and hollow words.Mamata Banerjee said that controversial Budget 2017 which is clueless, useless, baseless, mission less and action less. Tax payers still have restrictions on withdrawals. Remove all restrictions immediately. And where are the figures for Demonetizations? Misleading. Full of jugglery of numbers and hollow words which mean nothing, she said.
Congress vice-president said, Any step to clean political funding will be supported by us. We were expecting fireworks, instead got a damp squib. Rahul further said it was a budget of “shero shayari” (poems and couplets) and had little provision for farmers and youths.
Sena chief Thackeray said, what is the need to present the Budget every year? Were all announcements of last year’s budget fulfilled?The Samajwadi Party termed the Budget miserable and said the measures for political funding announced in it will not help contain corruption. It’s a hopeless budget. It has nothing for farmers. It does not talk about jobs for the unemployed, party leader Naresh Agarwal said. He added the government’s suggestion for funding of political parties will not help curb corruption. It’s a totally negative and hopeless budget, the SP’s Rajya Sabha member said.However, ASSOCHAM General Secretary D. S. Rawat said that with all the hype about lenient taxation and investment policies, the budget was unable to live up to expectations. A lot was said during the presentation of the Economic Survey on Tuesday about promoting investments. This budget does not mention any such thing, and therefore, investment rates will continue to be slow, Rawat told.With regards to taxation, Rawat expressed his dismay over the limited policies that have been suggested on Income tax, both personal and corporate. "With so much being said on income tax threshold limits, we expected no tax deduction on any amount less than Rs. 5, 00, 000 and relief on any amount above that, Rawat added.