Union Budget; anti-people budget

Contractionary, Anti-People Budget

The Polit Bureau of the Communist Party of India (Marxist) has issued the following statement:

The Union Budget 2023-24 comes at a time when the Indian economy slowed down before the pandemic struck, worsened during the 2 pandemic years and the post pandemic recovery is adversely impacted by the global economic slowdown moving towards a possible recession. Under these circumstances this budget should have addressed the central issues of increasing people’s purchasing power with job generation and boosting the growth of domestic demand.