Monday, July 6, 2009

BJP calls budget 'routine', CPI 'inconsequential'

The main opposition Bharatiya Janata Party (BJP) Monday described the 2009-10 budget presented by Finance Minister Pranab Mukherjee as "routine" while the Communist Party of India (CPI) termed it as "inconsequential" and not addressing the real economic issues.

"It is a routine budget. There is no suggestion to meet the global economic recession," BJP president Rajnath Singh told reporters.

He, however, welcomed the government's decision to implement one-rank-one-pension scheme for ex-servicemen and for lifting the fringe benefit tax.

CPI leader Gurudas Dasgupta said: "It is an inconsequential budget. It does not address the main problem that our economy is facing. It does not appear realistic."
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