Friday, 01 March 2013 09:15
TDP Poliburo member Yanamala Ramakrishnudu on Thursday said that the Finance Minister Chidambaram's new budget would take the nation's economic condition to complete dark.
Blaming the UPA-2, planning commission etc to share the responsibility for the financial fiasco he said the centre had failed to protect the livelihood of poor and the middle classes and thrown them to wolves of inflation once again.
Referring to the budget proposal, he said that the UPA has habituated to create sweat dreams in the beginning and later shatter them and in the union budget for 2013-14 the centre had punctured the hopes of middle class and poor for a fair play and reduction in impact of price hikes and shortages.
He also said that 6.5% growth rate in the new budget was just for the coming elections and it had imposed Rs 93,000 crore cut on plan expenditure. and that the GDP growth estimates had fallen to two year old lowest of 2006.
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