Finance Minister Arun Jaitley on Monday listed ‘nine pillars’ including tax reforms, promoting ease of doing business and ensuring fiscal discipline, that will transform India. Unveiling the Budget 2016-17, he said the pillars also include an emphasis on governance reforms.However, the Congress party criticised the Union budget saying it has failed to create an ‘immediate stimulus’ to address the challenges of employment generation and the agriculture sector. On the other hand, terming the Union budget as ‘visionary and progressive’, BJP said that it gives priority to farmers and weaker sections and will also lead to the empowerment of the youth.<!– /11440465/Dna_Article_Middle_300x250_BTF –>Here is what politicians have to say about the budget.
ALSO READ All you need to know about Budget 2016 in under 60 points Omar Abdullah By not focusing the benefits of Union Budget 2016 on the suit boot people Arun Jaitley has cleverly made the opposition’s job a bit tougher. Yashwant Sinha This budget has clearly passed and if you look carefully, the Finance Minister has managed to comprehensively include all the aspects which were necessary, keeping the current economic situation in mind. I have no doubts that when people see and understand the budget, then they will discover that there is something for everyone in all aspects. Kamal Nath Congress leader This is a budget of future clarifications; there is no immediate stimulus to create disposable incomes in the hands of the people or to generate employment. What needed to be done has not been done, something which provides greater incentives to the employment generation. Because the biggest challenge we face today is in employment and the agriculture sector. Lal Krishna Advani Have seen many budgets being presented in the Parliament; the one presented by Finance Minister Jaitley today is certainly one of the best budgets so far. Budget 2016 has the potential to boost India’s economic growth with employment generation while reducing social imbalances.Dinesh Trivedi, TMC Its not a budget which will boost growth, neither one which will have ease of doing business. Virbhadra Singh Few points in the Budget are good like more money allocated under MNREGA, Swachch Bharat and roads. Other than that, I think its a very simple budget. Had expected a revolutionary budget. Nitish Kumar They have been talking about development of agriculture, farmers but nothing concrete seen in the Budget. Shatrughan Sinha I am not a budget expert, but do agree it’s a good budget. Haven’t seen a focus on education, defence so far. From whatever I have understood, budget seems to be good. However, I have to go through its fine print before commenting. Lalu Yadav PM Modi said he will double the income of farmers by 2022. What is the guarantee? Promise of doubling farmer income to 2022, want to secure their ‘berth’ till then, government will fall in 2019. Shashi Tharoor Government has painted a very general picture, have adopted many old policies of UPA.With ANI/PTI inputs.


Budget 2016: Arun Jaitley has cleverly made opposition’s job ‘bit tougher’: Omar Abdullah