DMDK, MDMK Slam TN Budget
Opposition parties in Tamil Nadu today slammed the ruling AIADMK's budget presented by Finance Minister O Panneerselvam.

Opposition Leader and DMDK founder Vijayakant said while the government had mentioned of a revenue surplus of Rs 2376 crore, what was the need to impose fresh taxation to the tune of Rs 1500 crore.

"Some relief could have been given at least to the poorer sections of the society from the bus fare hike (announced last year). Its regrettable that no such announcement was made," he said in a statement.

The budget had become a formality and there was no provision to help people stand on their own feet, he said.

MDMK leader Vaiko said new taxes would not help in containing the price-rise.

No major announcement was made on the power generation front, he said, adding, it was not clear if the government's announcement of attracting Rs 20,000 crore in six months would fructify. The budget had no provisions for overall development, he claimed.

CPI (M) said the budget only outlined existing schemes and did not contain any provisions for the poor. There was no announcement on the law and order front, party's state unit secretary G Ramakrishnan said.

TNCC president BS Gnanadesikan MP welcomed the tax exemption.

Meanwhile, DMK president M Karunanidhi also indicated there was not much to cheer about the budget.

"Poor Panneerselvam. If one gives a deep thought there is no necessity for him to have spend so much time on the budget," he told reporters here.

He hinted that Opposition criticism to the budget was muted.
Emerging story. Watch this space for updates as more details come in
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