Friday, February 24, 2012

Budget 2012-13; a jungle of numbers, increase of VAT to 5% will affect common man: Samajwadi Party

BHUBANESWAR: Budget 2012-13 is a mere increase in statistical number and lacks the budgetary spread out. The increase of VAT from 4% to 5% in essential commodities like sugar, dal and textile will have cascading effect while it reaches to the consumer.

Similarly medicines will be dearer and unholy traders shall cease this opportunity to exploit the common consumer says Samajwadi Party president Ravi Behera. Allocation increase in agriculture can not check farmers’ suicide and no pension for farmers has been taken up.

Similarly separate allocation for establishing Mahila police station and Fast Track Court does not find place to check rising atrocity on women. Above all the budget is mean for encouraging public-private partnership (PPP) which will benefit 20% people at the cost of the larger community of consumers.  

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