Harish Rao does not understand ABC of economic climate, financing: Congress
Hyderabad: Alleging that Finance Minister T Harish Rao did jugglery of words to avoid liability, the Congress celebration on Monday claimed that the budget plan had lots of unsupported claims, deceptive declarations and also incorrect cases.
Senior Congress leader Md Shabbir Ali claimed the Finance Minister presented “immaturity and lack of economic sense” while offering the budget plan. “Budget speech is an important document which gives a broader, but clear picture of State’s expected revenues from various sources in a financial year and how the government proposes to spend those funds,” he claimed.
“Today’s budget speech did not address any of these two important elements — revenue and expenditure– in proper form. Instead, it was full of rhetoric, false claims and misleading statements. Now it has been proved that Harish Rao does not understand a bit of economy and finance,” he insisted.
The Congress leader claimed that as versus routine method of defining allotments for each and every division or market, Rao made use of jugglery of words to avoid liability. For circumstances, rather than pointing out the allowance for 2022-23 for plant financing waiver plan, he simply discussed the government forgoed fundings of 5.12 lakh farmers in the 2nd round of financing waiver. But he did not state the quantity that would certainly be invested.