TMC MP Saugata Roy Criticizes Union Budget 2024
Calls It ‘AB Budget Andhra-Bihar’
New Delhi [India], July 25: Trinamool Congress (TMC) MP Saugata Roy criticized the Union Budget 2024, claiming that the BJP-led NDA alliance is giving handouts to Andhra Pradesh and Bihar due to electoral losses in the recent Lok Sabha election.
During the budget debate, Roy said, “A budget is supposed to present the future plans of the government, but this is a budget which is called AB Budget Andhra-Bihar. They have allotted Rs 59 thousand crore to Bihar, Rs 15 thousand crore to Andhra Pradesh for a new capital.”
He described the Central Government as fragile, like glass, suggesting it could break at any moment. Roy also mentioned that several Chief Ministers, including those from Congress, Punjab, Tamil Nadu, West Bengal, and Kerala, have opposed the budget.
Roy accused the budget of being a copy-and-paste job from Congress’ Nyay Patra. He also highlighted economic issues, stating that the unemployment rate reached 9.2% in June 2024, with female unemployment at 18.5%. Additionally, he noted that inflation rose to 5.08% in June 2024, with food prices increasing by 9.36%.
Roy concluded by mentioning a study showing that 34% of households are struggling to manage their expenses, indicating severe financial stress for a third of India.
Doubts Revealed
TMC -: TMC stands for Trinamool Congress, a political party in India, mainly active in the state of West Bengal.
MP -: MP stands for Member of Parliament, a person elected to represent people in the Parliament of India.
Union Budget -: The Union Budget is a financial plan presented by the government of India every year, showing how it will collect and spend money.
AB Budget -: ‘AB Budget’ is a term used by Saugata Roy to suggest that the budget favors the states of Andhra Pradesh and Bihar.
Andhra Pradesh -: Andhra Pradesh is a state in the southeastern part of India.
Bihar -: Bihar is a state in the eastern part of India.
BJP -: BJP stands for Bharatiya Janata Party, a major political party in India.
Nyay Patra -: Nyay Patra refers to a scheme proposed by the Congress party to provide financial support to poor families.
Unemployment rate -: The unemployment rate is the percentage of people who want to work but cannot find jobs.
Inflation -: Inflation is when the prices of goods and services go up, making things more expensive.
Households -: Households are families or groups of people living together in a home.