Rahul Gandhi termed Nirmala Sitharaman‘s Amrit Kaal Budget as ‘Mitr Kaal’ Budget implying that it will only benefit the rich with nothing for the poor and the unemployed population of the country. As Nirmala Sitharaman presented her 5th Budget on Wednesday in Parliament, she termed it as the first budget of Amrit Kaal. Prime Minister Narendra Modi too mentioned Amrit Kaal as he hailed Nirmala Sitharaman’s budget which will fulfil the dreams of aspirational India. Playing on the word, Rahul Gandhi turned it into Mitr Kaal and said the budget has no vision to create jobs and no roadmap to build India’s future.
“1% richest own 40% wealth, 50% poorest pay 64% of GST, 42% youth are unemployed – yet, PM doesn’t Care!” Rahul Gandhi tweeted.
As this is the last full budget before the Lok Sabha elections 2024, some populist measures were expected. Nirmala Sitharaman announced major income tax tweaks which will exempt people earning up to ₹7 lakh a year from income tax in the new tax regime. While this is one of the major announcements of Budget 2023, opposition trashed the Budget speech as an election speech. The Congress said Sitharaman did not even mention the word unemployment, poverty, inequality once in her speech.
