Punjab News: Punjab Finance Minister Harpal Singh Cheema has strongly criticized the Union Budget presented by Finance Minister Nirmala Sitharaman, asserting that it fails to address critical issues concerning women, the poor, and farmers. He lamented the apparent disregard for Punjab’s interests in the budgetary allocations.
Alarming Consequences Feared Over Slashed Fertilizer Subsidies
In a statement issued post-budget, Cheema highlighted the potentially dire consequences of the significant reduction in fertilizer subsidies for the fiscal year 2024-25. He expressed serious concern that this move could severely burden farmers across the nation and have detrimental effects on Punjab’s agriculture-dependent economy.
Doubts Cast on Government’s Commitment to Farmers’ Welfare
Cheema pointed out the apparent contradiction between the Union government’s proclaimed commitment to enhancing farmers’ welfare and the slashing of critical subsidies. He emphasized that such measures could undermine efforts aimed at doubling farmers’ incomes, a cornerstone of the government’s agricultural policies.
Punjab’s Interests ‘Completely Disregarded’, Says Cheema
Union Budget accused of neglecting Punjab’s vital sectors
In his critique, Cheema underscored that Punjab’s interests had been entirely overlooked in the Union Budget, particularly regarding agriculture, a pivotal sector for the state. He called for urgent reconsideration of budgetary priorities to address the state’s specific needs and challenges.
This statement from Punjab’s Finance Minister reflects growing apprehensions among regional leaders regarding the implications of the Union Budget on key socio-economic sectors.
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