While main opposition People's Democratic Party (PDP) did not give any immediate reaction to budget 2012-13 presented by Finance Minister, Abdul Rahim Rather, in State Assembly today, the non PDP Opposition has termed it nothing except the jugglery of words. However the NC Legislators welcomed the budget terming it pro people.
This budget has disappointed every section of society as it has not addressed to the problems of any section of society, said NPP Legislative Party Leader, Harshdev Singh while reacting to the budget.
This budget is nothing except the jugglery of words, he said, adding it has made no commitment that how to redress the problems of employees who are on strike or about the release of 6th Pay Commission arrears of pensioners and employees. Moreover the budget has also made the unemployed totally disappointed and the people have not taken any benefit from the Asha scheme while the Sher-e-Kashmir employment scheme has been already rejected as it failed to redress the problems of the unemployed youth, he added.
Taking the bull by horns, Harshdev lambasted the Government saying that there is no indication about the redressal of regional imbalances in this budget. There has been a mention about the promotion of tourism in the State but no scheme has been announced for its promotion in Jammu, he added.
The budget has also failed to redress the grievances of daily wagers as there is no mention of their regularization, he said, adding the daily wagers were sitting on dharna but they were totally ignored. Besides no concern has been shown for regularization of SPOs and VDCs in the budget, he added.
BJP’ s Ashok Khajuria while reacting to the budget said that Finance Minister has disappointed the people of the State. The budget is a reflection of Government policies due to which strikes and law and order problem are witnessed everywhere, he added.
This budget is old wine in new bottles as it has failed to make any mention about the West Pak and PoK refugees who are fighting for their rights for decades together, he said.
Khajuria said the jawans of Home Guards, Agri Technocrats, unemployed youth are on strike and nothing has been done in this budget to give justice to them.
Mohammed Yousf Tarigami of CPI (M) said that there is no road map on eradication of growing unemployment. The Government has made no mention of food security for the people and the budget is mere tokenism, he added.
There is no road map for revival of ailing economy and the GDP growth in the State is not increasing in the way it is needed. No thrust has been shown towards the industrial sector and basic issues have not been addressed, he added.
Prof Chaman Lal Gupta said speech of the Finance Minister does not fully reflect the sad affairs of the State economy but it is only jugglery of figures. However, it is evident that there is no let up in the ever- increasing dependence at the Centre and no concern has been shown to sort out the basic problems facing the people especially the poor and working classes.
The economic survey and even the budget speech indicates the ignorance on part of the Government about the serious problem which is looming large because of the crumbling agriculture which is still the main stay of the State economy. The farmers are losing interest in the agriculture because of many accounts including the fragmentation of the land holding and increasing cost of production coupled with the poor return and Government has no vision to take care of this deteriorating situation.
He said much of the revenue depends upon the Central grants and some internal taxes and non -tax revenue is not keeping pace with the growing investment and expenditures. The regional disparities in the collection of taxes and allotment of funds is bound to add to the tensions. Little interest has been shown in checking the wasteful expenditure and providing succor to the poor particularly the widows, orphans and aged persons.
However, Bari Brahmana Industries Association (BBIA) has hailed the budget presented by Finance Minister, Abdul Rahim Rather, in which most of the issues related to the industrial sector have been resolved.
"We convey our gratitude to Chief Minister Omar Abdullah, Finance Minister, Mr Rather, and Industries Minister S S Slathia, for providing relief to industrial sector in the budget which will provide a great relief to the existing industry and also open doors for the new investments in industrial sector in the State, said general secretary of BBI, Lalit Mahajan.
Association of Industries (AoI) has welcomed the budget. In a statement issued here today, its general secretary, Virender Jain, said that budget has resolved most of the issues concerning the industry.
He said extension of VAT remission to industry, exception of tax on job works, reduction of stamp duty and registration fees etc are welcome steps.
NC MLA Ch. Mohammed Ramzan has congratulated the Finance Minister for presenting people friendly budget. The budget has been presented as per the people with main focus on equitable development of the three regions of the State.
He said it will improve the growth and development of the State and tackle effectively the unemployment problem.
Chamber of Commerce president Y V Sharma while reacting on the budget has appreciated various steps taken by Finance Minister to boost State’s economy.
Mr Sharma said that Chamber which met here today to discuss the budget proposals has appreciated the increase in the collection of Commercial Tax, efforts of Government to contain the fiscal deficit, tax concession to the industrial tourism sector and exemption of VAT on job work done by registered industrial units.
It has however requested the Government to reconsider the variation of VAT rates applicable in neighboring states, to create more warehouses as promised in previous budget and creation of special commercial districts.
Reacting sharply over the budget, J&K Gujjar and Bakerwal Joint Forum has described the proposals presented by Mr Rather as anti tribal, anti poor and anti marginalized communities.
In a statement issued here today Haji Shamsher Ali Boken, the State president of the organization expressed his anguish over the total ignorance of Gujjars, Bakerwals and other marginalized communities of the State in the budget allocations.
All Migrant Camp Coordination Committee (AMCCC) has also termed the budget a jugglery of words and figures given by Finance Minister as misleading. Committee president, Desh Rattan said that PM’s employment package is a great fraud with community as out of 6000 posts announced over four years before by Prime Minister Dr Manmohan Singh only 1400 displaced Pandit youth could find the job till date. This policy is being sabotaged by NC itself, he added.
This budget has disappointed every section of society as it has not addressed to the problems of any section of society, said NPP Legislative Party Leader, Harshdev Singh while reacting to the budget.
This budget is nothing except the jugglery of words, he said, adding it has made no commitment that how to redress the problems of employees who are on strike or about the release of 6th Pay Commission arrears of pensioners and employees. Moreover the budget has also made the unemployed totally disappointed and the people have not taken any benefit from the Asha scheme while the Sher-e-Kashmir employment scheme has been already rejected as it failed to redress the problems of the unemployed youth, he added.
Taking the bull by horns, Harshdev lambasted the Government saying that there is no indication about the redressal of regional imbalances in this budget. There has been a mention about the promotion of tourism in the State but no scheme has been announced for its promotion in Jammu, he added.
The budget has also failed to redress the grievances of daily wagers as there is no mention of their regularization, he said, adding the daily wagers were sitting on dharna but they were totally ignored. Besides no concern has been shown for regularization of SPOs and VDCs in the budget, he added.
BJP’ s Ashok Khajuria while reacting to the budget said that Finance Minister has disappointed the people of the State. The budget is a reflection of Government policies due to which strikes and law and order problem are witnessed everywhere, he added.
This budget is old wine in new bottles as it has failed to make any mention about the West Pak and PoK refugees who are fighting for their rights for decades together, he said.
Khajuria said the jawans of Home Guards, Agri Technocrats, unemployed youth are on strike and nothing has been done in this budget to give justice to them.
Mohammed Yousf Tarigami of CPI (M) said that there is no road map on eradication of growing unemployment. The Government has made no mention of food security for the people and the budget is mere tokenism, he added.
There is no road map for revival of ailing economy and the GDP growth in the State is not increasing in the way it is needed. No thrust has been shown towards the industrial sector and basic issues have not been addressed, he added.
Prof Chaman Lal Gupta said speech of the Finance Minister does not fully reflect the sad affairs of the State economy but it is only jugglery of figures. However, it is evident that there is no let up in the ever- increasing dependence at the Centre and no concern has been shown to sort out the basic problems facing the people especially the poor and working classes.
The economic survey and even the budget speech indicates the ignorance on part of the Government about the serious problem which is looming large because of the crumbling agriculture which is still the main stay of the State economy. The farmers are losing interest in the agriculture because of many accounts including the fragmentation of the land holding and increasing cost of production coupled with the poor return and Government has no vision to take care of this deteriorating situation.
He said much of the revenue depends upon the Central grants and some internal taxes and non -tax revenue is not keeping pace with the growing investment and expenditures. The regional disparities in the collection of taxes and allotment of funds is bound to add to the tensions. Little interest has been shown in checking the wasteful expenditure and providing succor to the poor particularly the widows, orphans and aged persons.
However, Bari Brahmana Industries Association (BBIA) has hailed the budget presented by Finance Minister, Abdul Rahim Rather, in which most of the issues related to the industrial sector have been resolved.
"We convey our gratitude to Chief Minister Omar Abdullah, Finance Minister, Mr Rather, and Industries Minister S S Slathia, for providing relief to industrial sector in the budget which will provide a great relief to the existing industry and also open doors for the new investments in industrial sector in the State, said general secretary of BBI, Lalit Mahajan.
Association of Industries (AoI) has welcomed the budget. In a statement issued here today, its general secretary, Virender Jain, said that budget has resolved most of the issues concerning the industry.
He said extension of VAT remission to industry, exception of tax on job works, reduction of stamp duty and registration fees etc are welcome steps.
NC MLA Ch. Mohammed Ramzan has congratulated the Finance Minister for presenting people friendly budget. The budget has been presented as per the people with main focus on equitable development of the three regions of the State.
He said it will improve the growth and development of the State and tackle effectively the unemployment problem.
Chamber of Commerce president Y V Sharma while reacting on the budget has appreciated various steps taken by Finance Minister to boost State’s economy.
Mr Sharma said that Chamber which met here today to discuss the budget proposals has appreciated the increase in the collection of Commercial Tax, efforts of Government to contain the fiscal deficit, tax concession to the industrial tourism sector and exemption of VAT on job work done by registered industrial units.
It has however requested the Government to reconsider the variation of VAT rates applicable in neighboring states, to create more warehouses as promised in previous budget and creation of special commercial districts.
Reacting sharply over the budget, J&K Gujjar and Bakerwal Joint Forum has described the proposals presented by Mr Rather as anti tribal, anti poor and anti marginalized communities.
In a statement issued here today Haji Shamsher Ali Boken, the State president of the organization expressed his anguish over the total ignorance of Gujjars, Bakerwals and other marginalized communities of the State in the budget allocations.
All Migrant Camp Coordination Committee (AMCCC) has also termed the budget a jugglery of words and figures given by Finance Minister as misleading. Committee president, Desh Rattan said that PM’s employment package is a great fraud with community as out of 6000 posts announced over four years before by Prime Minister Dr Manmohan Singh only 1400 displaced Pandit youth could find the job till date. This policy is being sabotaged by NC itself, he added.
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