Congress Attack BJP Government’s First Budget Says, "No Roadmap For Bengal’s Future"
The Bengal election may be distant, yet the fierce competition between Congress and BJP has begun, with Congress sparing no effort in its counteroffensive against the West Bengal. On June, 22,26, the West Bengal Pradesh Congress Committee expressed stern criticism of the BJP government's inaugural State Budget, which seeks to generate headlines through extravagant announcement but neglects to tackle the essential economic issues facing Bengal. At first glance, the ₹4.38 lakh crore Budget appears ambitious. However, a closer examination reveals serious concerns regarding fiscal sustainability, employment generation, industrial growth, social justice and transparency. The Congress Party wishes to highlight the following major shortcomings: Debt-Fuelled Governance, Not Sustainable Development West Bengal’s outstanding debt is already about ₹8.5 lakh crore, with the debt-to-GSDP ratio remaining alarmingly high. Yet the Budget offers no credible roadmap for debt reduction,...