Business Today

Budget 2013 verbose, lacks substance: BJP

According to Leader of Opposition in the Rajya Sabha, Arun Jaitley, P Chidambaram had "made cosmetic changes in different heads of taxation or different expenditure".

BT Online Bureau   New Delhi     Last Updated: February 28, 2013  | 15:17 IST

The Bharatiya Janata Party (BJP) on Thursday said the general budget presented by Finance Minister P Chidambaram in Parliament was "verbose" and lacking in substance.

"The budget is verbose but on substance, extremely low," said leader of opposition in the Rajya Sabha Arun Jaitley. "First put the economy in distress; then a helpless finance minister comes out with a budget in which he had very little elbow space," he said.

According to him, Chidambaram had "made cosmetic changes in different heads of taxation or different expenditure". He added that the minister had indulged in a "little bit of jugglery, by marginally increasing taxes in certain ministries and substantially reduces expenditure".

Jaitley said the budget contained little to offer a boost to agriculture or manufacturing sectors, which are vital for sustainable growth.

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close