Cong MP Tharoor Calls Union Budget As "A Damp Squip"

Mr. Tharoor slams Central Govt.'s Budget 2022

New Delhi: Taking notes from the Union Finance Minister Niramala's Budget 2022, Congress MP Shashi Tharoor said that the Union Budget is "extremely disappointing, a damp squib" and there is absolutely nothing.

Speaking to the news agency ANI, the Congress MP said there is no mention of MGNREGA, Defence or any other urgent priorities facing the public.

"Extremely disappointing, a damp squib! There seems to be absolutely nothing in this Budget. It's an astonishingly disappointing Budget. When you listen to the speech, no mention of MGNREGA, of Defence, of any other urgent priorities facing the public," said Mr. Tharoor.

Congress MP Tharoor further said that the country has to wait for 25 more years for 'acche din' to arrive.

"We are facing terrible inflation and there's no tax relief for the middle class. This is a Budget that seems to be pushing the mirage of 'achhe din' even farther away. Now it's India at 100, we'll have to wait for 25 more years for 'acche din' to arrive," Mr. Tharoor added.

While talking about digital currency, he said, "Very clear that as far as digital currency is concerned, Government was heading in that direction. To the best of my knowledge, a reasonable proposition, I don't think we will be criticising that. But we are more concerned about lack of substance for common citizens in Budget."

On the budget day, Union FM Nirmala Sitharaman said, India has set a target to reduce fiscal deficit to 6.4 per cent of GDP in 2022-23 from the estimated 6.9 per cent in the current financial year.

Presenting the Union Budget 2022-23 in the Lok Sabha, Ms Sitharaman said gifts received in the form of cryptocurrencies will also be taxed at the same rate. Moreover, RBI is set to launch its currency said FM Nirmala.