Union Finance Minister Nirmala Sitharaman on Tuesday presented the Budget 2022-23 for the FY beginning April 1. As the Finance Minister delivered her Budget speech in Lok Sabha, the treasury benches burst into applause, beating their desks in reaction to the initiatives.
However, the Opposition has termed the Union Budget 2022 "disappointing" and slammed the government for failing to acknowledge the problems of the middle class.
Here are some political reactions to the Union Budget 2022 presented by Finance Minister Nirmala Sitharaman.
Prime Minister Narendra Modi welcomed the Budget and said it is "full of new possibilities."
“This budget is full of new possibilities for more infrastructure, more investment, more growth, and more jobs,” PM Modi said, adding that it will also open up the field of green jobs.
“An important aspect of this budget is the welfare of the poor,” the Prime Minister added.
Union Home Minister Amit Shah called it a "visionary budget" and said it will change the scale of India's economy, making India self-reliant.
"This budget, brought by the Modi government, is a visionary budget, which will prove to be a budget to change the scale of India's economy. This budget will make India self-reliant and lay the foundation of a new India of the 100th year of independence. I congratulate Narendra Modi ji and Nirmala Sitharaman ji for this," the Union Minister said in a series of tweets.
Defence minister Rajnath Singh also lauded the increase in the procurement budget for the defence sector.
“The 68 percent of defence capital procurement budget has been allocated towards local procurement. It is in line with the ‘Vocal for Local’ push and it will certainly boost the domestic defence industries,” said Rajnath Singh on Twitter.
"The Budget outlines the Government’s focus on Atamnirbharata and Prime Minister Shri @narendramodi’s vision for development and pro-people reforms. It is a growth-oriented Budget focused on harnessing the energies of New India. #AatmanirbharBharatKaBudget," he added.
Uttar Pradesh Chief Minister Yogi Adityanath termed the Union Budget 2022 as 'progressive' and growth-oriented.
"It is a progressing growth-oriented Budget. It will help the economy become the world's largest economy during the Covid period. Most importantly, the new Budget will benefit farmers, women and youth." Yogi said adding the Budget will solve the long-standing demand of farmers for the increase in income and will help ease out unemployment issues.
Union Minister Nitin Gadkari said that the Union Budget 2022 will promote modern infrastructure in the country.
"The budget presented by the Finance Minister Mrs @nsitharaman under the guidance of @narendramodi is a budget to promote modern infrastructure in the country, which will lay the foundation for a new India and improve the lives of 130 crore Indians. #AtmaNirbharBharatKaBudget," tweeted Gadkari.
The opposition, on the other hand, criticised the Union Budget for ignoring issues of middle-class people, the poor and farmers.
Congress leader Rahul Gandhi, taking a swipe at the Modi government termed the Union Budget a ‘zero-sum budget’ and lacklustre. He further stated that the Budget 2022-23 has nothing for the middle class, salaried class, farmers and poor.
“Modi Government’s Zero Sum Budget! Nothing for Salaried class, Middle class, The poor & deprived, Youth, Farmers, MSMEs,” tweeted Rahul Gandhi.
Criticising the Union Budget 2022, senior Congress leader Mallikarjun Kharge said "Budget is only for the rich; has nothing for the poor. It's Arjuna and Dronacharya's budget, not Eklavya's,(from Mahabharata)."
Kharge also criticised the announcement that income from digital asset transfers will be taxed at a rate of 30 percent, a move being seen as 'crypto tax', and said that it does not have any law.
"They also mentioned cryptocurrency, which doesn't have any law, nor has it been discussed before; budget benefitting their friends," he added.
West Bengal Chief Minister Mamata Banerjee also slammed the Union Budget 2022 and termed it a "Pegasus spin Budget". She further said that the budget has 'zero' for common people.
"Budget has zero for common people, who are crushed by unemployment & inflation. Govt is lost in big words signifying nothing-a Pegasus spin Budget" tweeted the TMC supremo.