General Budget lacks vision, direction and sensitivity: Sushma Swaraj

February 28th, 2010 - 12:12 am ICT by ANI  

New Delhi, Feb 27(ANI): Leader of the opposition in Lok Sabha, Sushma Swaraj, on Saturday criticized the General Budget presented by Union Finance Minister Pranab Mukherjee for the 2010-11, saying that it lacks vision, direction and sensitivity to overcome food insecurity and price rise.

Addressing a function in the national capital, Swaraj said that the budget lacks vision, direction and sensitivity to overcome problems such as food insecurity and price rise.

“Yesterday, while presenting his budget speech, Pranab Mukherjee said that Indian should not only think big, they should act bigger. Pranab where is that big thought in the budget? Budget is not everything about reading figures; budget is about giving direction. I must say that this budget lacks vision, direction and sensitivity,” Swaraj said.

She said that the government has presented a ‘tired man’s budget’ that lacks dynamism.

“With Rs 10 billion is it possible for India to produce 20000 Mega Watt solar energy by 2020? Is it possible for India to become a global leader in the field of renewable energy? There is a mismatch in the vision, target and allocation of funds. I want to ask about which 2020 year you are dreaming. When a reporter asked my comment on budget I replied ‘it is tired man’s budget,’” Swaraj added.

India’s renewable energy sector budget has been increased by 61 per cent to Rs 10 billion from Rs 6.2 billion in an attempt to popularizing alternate source of energy in the country.

Swaraj also slammed the government for hiking excise duty on petrol and diesel, and said that the allocation meant for agricultural productivity and irrigation are too meager to usher in any significant growth.

Inflation has given the opposition a weapon to attack the government, which is under pressure to find a solution without hurting growth in an economy recovering from a six-year-low pace of growth. (ANI)

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