Mixed reaction for PC's budget recipe

[email protected] (CD Network)
February 28, 2013

pcbudget
Mangalore, Feb 28: The budget presented by P Chidambaram, from an outset seems to have not impressed the people of coastal district at least. While many thought it was nothing but a gimmick to woo the voters for the upcoming elections a few it was a people-friendly budget.

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

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
September 24,2024

rainsDK.jpg

Mangaluru, Sept 24: A blanket of gloom descended over Dakshina Kannada and Udupi as heavy rains battered the coastal Karnataka districts on Tuesday. Substantial rainfall has been drenching the region since Monday, intensifying as the day progressed.

In Dakshina Kannada, torrential downpours began early Tuesday, followed by overcast skies and humid conditions. 

The showers persisted intermittently through the afternoon, with areas like Beltangady experiencing moderate rainfall, while Puttur and Bellare bore the brunt of heavier storms. 

Overnight showers were reported in Bantwal, and Mangaluru city, along with its surrounding rural areas, witnessed a steady increase in rainfall, peaking by the evening.

After a brief respite, the return of intense rainfall has brought a welcome drop in temperatures. In Udupi, Karkala, Udupi city, Kundapur, and Hebri taluks all faced substantial rains throughout the day, continuing from late Sunday night.

The Indian Meteorological Department (IMD) has issued a red alert for the coastal districts, predicting more heavy rainfall in the coming hours. 

A yellow alert has been placed for Wednesday, signaling the likelihood of additional downpours. Fishermen have been cautioned to remain vigilant, as the possibility of strong winds looms over the coastal waters.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.