Impact Of Budget On North East:A Criticial

“We need to revive growth, particluarly in manufactuirng and infrastructure to raise adequate resources for our developmental needs.”

Arun Jaitley

Finance Minister

Finance minister Arun Jaitley presented the Union Budget 2014-15 in Parliament on 10.07.2014.Technically budget of a country is a paper that provides an estimate of the income and expenditure for given period of time. However, analysis of these numbers, have a lot to tell about the intent of the Government on Development in general and on different dimensions, processes and methods of development in particular. This includes among other things, meeting regional and sectional aspirations. As it was the first budget of the NDA Government after winning the recent national elections with a comfortable margin, it had raised the expectations of people across sections and regions. Like other regions of the country, the North Eastern Region (NER) too had its own expectations from this budget against its myriad actual and perceived economic, geographical, and institutional deficiencies often explained to be rooted in history. Let us have a critical analysis of the budget with respect to its possible and intended impact on some of the important dimensions and sub-dimensions of development in this region.

BUDGET REACTIONS

I am thankful to railway minister for proposing 23 new railway projects in northeast
Nabam Tuki
Chief Minister of Aruncahcal Pradesh

Union Budget 2014-2015 is most disappointing. There is no indication of good days(achche din) for common man
Tarun Gogoi
Chief Minister of Assam

There is nothing new, they have merely continued our schemes.
Sonia Gandhi
Leader Indian National Congress

Modi-led government has “become a government of the FDI, by the FDI and for the FDI” The budget is vision less, mission less and action less from the angle of the common people.
Mamta Banerjee
Leader, All India Trinamool Congress

If you closed your eyes and heard Arun Jaitley properly, you would have thought it was Chidambaram speaking.
Arvind Kejriwal
Leader, Aam Adami Party

All sections of society have been cheated. Where is the BJP’s slogan of ‘Swadeshi’ now?, wherever you see, it’s just FDI & PPP
Lalu Prasad Yadav
Leader, Rashtriya Janata Dal

Don’t think inflation will come down with this.
Mayawati
Leader, Bahujan Samaj Party

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