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Supplementary Demands: Tharoor blasts Govt’s ‘budgetary failures’
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Supplementary Demands: Tharoor blasts Govt’s ‘budgetary failures’

Agency News

New Delhi, Dec 4: The principal opposition Congress on Wednesday lashed out at the NDA regime for its alleged 'budgetary failures' and took exception that the Supplementary Demands for Grants for 2019-20 did not have any announcement of any new welfare measure to help rural poor.

Initiating discussions on the Supplementary Demands presented by Finance Minister Nirmala Sitharaman in the Lok Sabha last week, Congress member Shashi Tharoor said the government move only showed it had 'failed to anticipate' the expenditures to be made under various regular heads like for the central forces. Stating that "numbers speak for themselves", Mr Tharoor maintained that revenue collection in last seven months of the Modi government since May under corporate tax, income tax and even disinvestment have been much below 50 per cent of what was projected in the Budget for the current fiscal.

There was minor argument between the Congress member and Finance Minister when the Kerala MP said Ms Sitharaman has herself stated that there would be deficit. The Finance Minister was up on her feet in no time and said she never made such remarks. BJP MP Rajiv Pratap Rudy also spoke but nothing could be heard in the din.

The articulate Congress MP Tharoor also took a potshot at the ruling dispensation saying in his irresistible style - " I do not know who among the two Prime Minister Narendra Modi and BJP MP Nishikant Dubey was a better economist". Mr Tharoor's remarks come in reference to Mr Dubey's observation in the House proceedings on Monday that the GDP has "no relevance" and also has maintained that sustainable development and happiness of common people should be considered more important than the GDP as an economic indicator. (UNI)