Ahead of today’s budget report, senior Congress leader and former finance minister P Chidambaram lashed out at the opposition on Tuesday, saying they “have no view of the economy”.
“In the morning after the economic survey, if you read some newspapers, you would come to the conclusion that India has no opposition party, and even if there is a weak opposition party, it doesn’t have any view on the economy,” Congress leaders submitted to both houses of parliament The tweet came a day after the economic survey.
Chidambaram quoted a quote from Charles Dickens’ novel “A Tale of Two Cities,” saying, “It was the best of times and the worst of times.”
Congressional leaders have said that by March 31, 2022, GDP will be at the same level as it was on March 31, 2020, following the submission of economic surveys by both houses of parliament. It took two years to “get back to where we were on March 31, 2020,” he said.
“The Economic Survey repeats the sickening claim that the economy will return to pre-pandemic levels (2019-20) by the end of 2021-22,” he tweeted on Monday.
“In simple terms, this means that GDP on March 31, 2022 will be the same as it was on March 31, 2020. That means it will take two years to get back to the level of March 31, 2020,” he added.
This year, unlike the traditional “bahi-khata” form, this year, the Union Budget will be presented paperless for the second time.
The parliamentary budget session began on January 31 with a speech by President Ram Nath Kovind. The first part of the IPU budget meeting will be held from 31 January to 11 February, and the second part of the budget meeting will be held from 14 March to 8 April.
Complete News Source : Business Standard
