Budget misleading, says Chada

Budget misleading, says Chada

Hyderabad: Telangana State CPI secretary Chada Venkat Reddy today described the Vote-on-Account 2019-20 Budget presented by Chief Minister K Chandrashekhar Rao in the Assembly on Friday as hoodwinking and deceitful.

Reacting to the budget proposals, the CPI leader said though the budget proposals looked attractive, the State government failed to spend money. Even after the farmers’ loan waiver and hike in old age pensions, the government showing revenue surplus of Rs 6,564 crore was not cogent and convincing, he said. The vote-on-account budget clearly shows that the government failed to spend money as allocated. It also shows that the State government did not allocate money for doube-bedroom-houses and Rs 5 lakh to those building houses on their own, he added.

The CPI leader also said there was no mention of the increasing retirement age of government employees to 61 years and BC sub-plan. Though the government had allocated Rs 1,000 crore for welfare of MBCs for two consecutive years, the government failed to spend a rupee. Allocation of Rs 1,000 crore for welfare of MBCs for the current year was misleading and amounts to cheating farmers and backward classes, he said, adding there was no adequate funding for the irrigation projects.

The CPI leader also said the government’s failure to disclose the total amount of debts amounts to misleading the people. The Chief Minister’s failure to disclose total amount of debts in the previous united AP government and the present TRS government amounts to hoodwinking the people of the State.