Here are some of the reactions for the budget.
Not for Common man
It is a skillfully managed budget. Chidambaram has shown his efficiency in managing the budget by remaining unfazed although the government has many constraints. It is however, a budget for his party which will be facing polls in 2014 and not a budget for the common man. One major factor in his favour in this budget though is his budgetary allotments for the agriculture and rural development sector which are fairly good. Budgetary allotments for other sectors are not that impressive.
Prof. G V Joshi, Member, Karnataka State Planning Board, and Professor of Economics, Justice KS Hegde Institute of Management, Nitte
Futuristic budget
It appears to be a progressive and positive budget, prepared keeping the future of India in mind. The Union Finance Minister has stressed on infrastructure, human resource development and skill development areas which is good and are necessary too. Micro Small and Medium Enterprises (MSMEs) will also feel encouraged with the proposed details in the budget. Ship building industry has been exempted from excise duty which is a good move. This will help ship building industries in our coastal region. The Minister has also touched upon the baggage limit on jewellery aspect this time, which was not touched upon from 1991. He has increased the limit to Rs. 1 lakh which although is not completely convincing, but yet is a decent attempt to touch upon an aspect which was ignored for long.
Mohammed Ameen, President, Kanara Chamber of Commerce and Industry (KCCI), Mangalore
Disappointing budget
The budget is a disappointing one. It is anti-farmer and has hardly anything in it for the common man. Karnataka has been deprived of benefits in this budget in spite of Chief Minister Jagadish Shettar making proposals to the Centre with regard to the expectations of the state. The Union Finance Minister has proposed a special project of Rs. 1000 crore for states which grow rice. Karnataka has been left out of this project although rice is grown here too and all the funds have been diverted to north-eastern states.
Monappa Bhandary, MLC, Spokesperson, BJP, DK
Pro-Corporate budget
Although one finds some measures taken by the UPA government to woo people in this budget on the face of it, it has shown that it continues to support the corporate lobby. The economic policies of the government are such that no matter how hard they try, their budget would continue to remain anti-people and pro-corporate and hence there would be no use of a separate bank for women for instance, which has been proposed in this budget. It is an election gimmick by the UPA.
Muneer Katipalla,CPI(M) leader, DK
People's budget
This is a people-oriented budget and farmer-oriented budget. The government has decided to continue with the provision of loan at 4% interest. Emphasis has been given to education sector. It is pro-women as a separate bank for women has been proposed. People have not been burdened in this budget. Karnataka has also received its fair share in terms of funds for infrastructure, IT BT and other new projects.
Ivan D'Souza, KPCC member
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