• CPI National Council

On Budget

The National Secretariat of the Communist Party of India issued the following statement on February 01, 2019:

The National Secretariat of the Communist Party of India has described that budget presented by the government is nothing but an eyewash as many schemes declared to help farmers and unorganized workers do not have sufficient budgetary provision. Ayushman Bharat which claims to cover 50 crore people has only Rs. 2000 crore and many states like Delhi, West Bengal, Odisha have refused to implement the scheme.

Agricultural work force have been totally neglected in the budget and it is feared that withdrawal of subsidies on fertilizers and other inputs will increase the cost and hence sum of Rs. 6000 per year promised is insufficient. Implementation of Swaminathan Commission report is the only way to go forward to address the present agriculture crisis. The whole exercise of NPA recovery is forcing public sector banks to take haircuts and transfer assets to big players at a very low cost.

The pension sum of Rs.3000 per month after sixty years promised to unorganized workers is not satisfactory. The promise of giving 14 per cent as government contribution for the pension of government employees joining the service after 2006 does not meet the expectations of the employees who are demanding full contribution from the government.

The burning issue of unemployment is not touched in the budget. On the whole the budget is a jumla done with an eye on coming election.

We hope that people will see through this election gimmick played by the government in the name of budget.


Office Secretary

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