Union Budget 2024-25: Chidambaram accuses Finance Minister of copying key ideas from Congress manifesto
On Budget 2024, Chidambaram said he was pleased to hear that the Finance Minister will abolish the Angel Tax.
File photo of senior Congress leader P Chidambaram
Senior Congress leader P Chidambaram has accused the Finance Minister of adopting ideas from the party manifesto for the 2024 Lok Sabha election. Shortly after Finance Minister Nirmala Sitharamanconcluded her Budget 2024 speech, Mr. Chidambaram took a dig at the Centre over announcements as part of the Budget for the fiscal year 2024-25, saying he is glad that the Minister read the Congress 2024 manifesto. Click Here for Budget 2024 Highlights
“I am happy she has virtually adopted the Employment-linked incentive (ELI) outlined on page 30 of the Congress manifesto. I am also happy that she has introduced the Apprenticeship scheme along with an allowance to every apprentice spelt out on page 11 of the Congress manifesto,” the former Finance Minister wrote in a series of posts on X.
I am glad to know that the Hon'ble FM has read the Congress Manifesto LS 2024 after the election results
I am happy she has virtually adopted the Employment-linked incentive (ELI) outlined on page 30 of the Congress Manifesto
I am also happy that she has introduced the…— P. Chidambaram (@PChidambaram_IN) July 23, 2024
“I wish the FM had copied some other ideas in the Congress Manifesto,” he said.
On the abolition of the Angel Tax, Mr. Chidambaram said the Congress pleaded for its abolition for several years and even mentioned the same in the party manifesto.
Ms. Sitharaman presented the Budget for 2024-25 on Tuesday, her seventh straight presentation surpassing the record of former prime minister Morarji Desai. This was the first Budget during Prime Minister Narendra Modi-led government’s third term in office.
In the Budget, the government has identified nine priorities for generating ample opportunities. These include productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and service, urban development, energy security, infrastructure, innovation, research and development and next generation reforms.
Ms. Sitharaman also made major announcements for Bihar and Andhra Pradesh, including a boost in infrastructure and special financial support. She also announced abolishing angel tax for all classes of investors in startups.
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