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Thiruvananthapuram: Kerala Pradesh Congress Committee president Ramesh Chennithala on Friday termed Finance Minister T.M. Thomas Isaac's budget for 2010-11 “disappointing” and one which completely ignored the common man.
In a statement here, he said the Finance Minister had made new announcements despite the fact that most of his earlier ones remained only on paper.
It was preposterous to state that the government would establish eight new industrial units in the public sector in the next one year given the fact that it had been unable to give a boost to new industrial investment during the four years it had been in power, he said.
Kerala Congress (Jacob) leader T.M. Jacob said the budget would push Kerala into a debt trap. The budget failed to come up with creative steps to tackle price rise.
The budget did not have allocation for implementing the pay commission recommendations, besides completely ignoring the agricultural and industrial sectors, he said.
Bharatiya Janata Party (BJP) State president V. Muraleedharan has said the State budget lacked any measure to check price rise and solve unemployment.
In a statement here on Friday, he said the absence of any reference to SmartCity was proof enough that the government had ignored unemployed youth.
The budget, he said, deviated from the stated policy of improving the finances by reducing revenue deficit. Mr. Muraleedharan said that agriculture growth in the State was only 0.05 per cent against 10 per cent in States such as Gujarat. This raised concern. In capital expenditure also, Kerala was behind other States. The BJP staged a demonstration in front of the Assembly in the morning in protest against the failure to carry out the proposals in the current year's budget.
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