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Union Budget 2020 does 'step-mother' treatment to Maharashtra, says Maha CM Thackeray

Union Budget 2020 reactions: Maharashtra CM Uddhav Thackeray alleged that the Budget 2020 is unjust to the country's financial capital Mumbai. Here's what Thackeray said

twitter-logoPTI | February 1, 2020 | Updated 18:24 IST
Maharashtra CM Uddhav Thackeray alleged
Maharashtra CM Uddhav Thackeray

Maharashtra Chief Minister Uddhav Thackeray on Saturday alleged that the Union budget gives "step-motherly" treatment to the state and does not do justice to Mumbai. The budget presented by finance minister Nirmala Sitharaman was far removed from reality, said Thackeray, a former ally of the BJP. "It is deeply disappointing for Maharashtra. This budget is unjust for Maharashtra and Mumbai which is the country's growth engine," Thackeray said in a statement. It does not support development of basic amenities in Mumbai and on-going metro projects in the megapolis, he said.

"There is no mention of the suburban railway network (in Mumbai) and development of proposed lines (on the Central and Western Railway routes).The budget gives no momentum to the development of railway network in the state except for the mention of projects announced earlier, such as the Mumbai-Ahmedabad Bullet Train," Thackeray said. He also raised a question over the Centre not considering any site from "culturally rich" Maharashtra for development as "iconic site". Sitharaman announced in the budget that Rakhigarhi (Haryana), Hastinapur (Uttar Pradesh), Shivsagar (Assam), Dholavira (Gujarat) and Adichanallur (Tamil Nadu) will be developed as "iconic sites".

FULL COVERAGE:Union Budget 2020

"The step-motherly treatment given to Maharashtra has become evident in the budget. The International Finance Centre in Gujarat has been strengthened, while Mumbai, which makes the highest contribution to the country's growth, has been deliberately ignored," Thackeray said. The decision to divest a stake in LIC and possible privatisation of the railways show the precarious state of the economy, the chief minister said. The growth rate for the current fiscal is 5 per cent, while in the economic survey for 2020-21 it is estimated at 6 to 6.5 per cent, he said. "This growth doesn't not have the potential to achieve Prime Minister Narendra Modi's dream of making India a USD 5 trillion economy nation," Thackeray said.

He also dismissed the finance minister's claim that the Goods and Services Tax gave a relief to the Small and Medium Enterprises (SMEs). "The Small and Medium Enterprises have been bedevilled by GST. People's purchasing power has decreased, impacting small scale industries, which in turn has landed workers in trouble. "There was a need to encourage employment-generating industries. But no such steps were announced in the budget," Thackeray said. It made no substantial provisions for farmers, women and children and disabled persons, he added.

Also read: Budget 2020 Speech: New reforms announced in budget will accelerate economy, says PM Modi

Also read: Rahul Gandhi and other Congress leader tear into Sitharaman's Budget speech

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