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Tax Reforms: Since it is the election Budget the FM has been kind forwards tax payers.

Service Tax Limit: The service taxability limit to be extended further.

Institution of Excellence: Dharwad Agriculture College to be included and special funds be released.

Communalization of Budget: Para 47 of Budget Speech of FM is full of communal flavour. A multi sectoral development plan for each of the 90-minority concentration districts is launched and for this Rs. 3780 huge funds is earmarked! But look at the size of funds for SC/ST a meager Rs. 1,578 crores (para 43).

Sir, as we know that economic role of a government always reflects through Budget which includes increasing efficiency, promoting equity by using tax and expenditure programme and for redistribution of income, to foster macro economic stability and growth with a view of reducing unemployment and inflation while maintaing growth through fiscal policy and monetary regulation. This budget is a vivid replication of the economic role of an ideal government.

The common people while highlighting the budget proposals commenting upon the welfare measures initiated by this government will upset the apple cart of conservative and pseudo revolutionaries of our country. Applaud from the common people invokes diatribe from the opposition and Trojan horses who are also getting envious. It is said that the envious praise only that which they can surpass and that which surpasses them, they censure It is frivolously argued that budget proposals have been communalized. Nothing can be regrettable and beneath the dignity than this kind of parochial perception which is being nourished by our opposition.

          The Government is giving more and more sops to the corporate sector. The rich gets subsidies in numerous  hidden ways. The cut in excise and customs is one such way. According to our estimate, the Government has lost Rs.2,78,644 crore of potential revenue during this year on account of various exemptions, rebates and concessions provided to individual and corporate tax payers. This is 48 per cent of the total tax collection. If this amount is tapped, it is easy for  the Government for not only waiving the farm loans but also sanctioning new interest-free loans to the agricultural sector and also welfare of the unorganised could have been taken care of. The problem of increasing inflation and price rise is not addressed in the Budget. Though the Planning Commission and the Government talk a lot about inclusive growth, yet, the big sections of society are kept out of the benefits of growth. I feel sorry to say that in India what we are building today is not a welfare society but a corporate society.[R39]  India stands at 128 number in human development index.  That shows in which direction we are moving.  A beginning is made in this Budget for minority welfare though not sufficient.  I am very shocked to find that some of my colleagues from the NDA are criticising this Budget as a communal Budget.  What I feel is that the amounts that have been allotted are very insufficient.  That should have been appreciated.  I do not agree with the acquisition of this being a communal Budget.    Allocations to the health and education sectors may look higher.  Percentage might have increased but it is not in accordance with the growing necessities.  NCMP pledged to raise public spending in education to at least six per cent and in health to at least four per cent of GDP, yet it is to be implemented.  Overall, the Budget and general economic policies will not reduce but increase the income gaps.  This is a pro-rich Budget in the guise of sops to the farmers and middle class.  Budget certainly left over the welfare of large chunk of poor people.  Long term and concrete steps are to be taken for the revival of crisis ridden farm sector.  Increase of Budget to women and child welfare is certainly a good measure helping the Anganwadi workers and helpers with a pay hike which is overdue.  But we are worried about the 60-hour working week, which is indicated in the Economic Survey.  This will not be accepted.  An 8-hour working days is achieved after long battles of working class.  The Government should remember it and be cautious.  There is also an indication that there will be sale of 5% of public sector.  It is not good.  It is just like selling the family jewellery which is sold only in distress, only when the country is almost collapsing.  Public sector should be defended and the Government should find more resources by trying to levy taxes on rich and super-rich and should not try to destroy the public sector.