Sanjay Singh said, “Crores of farmers of the country are disappointed with this budget.” According to Singh, the Union Budget has left crores of people, especially farmers, in the country disappointed. There was a strong anticipation that the Minimum Support Price (MSP) would be doubled, which did not happen. Singh emphasized that crores of youth had hoped for the end of the Agni Yojana to address the growing concerns in the army. However, the budget did not address these expectations.
Key Points of Disappointment:
- Minimum Support Price (MSP):
- Sanjay Singh said, “Crores of farmers of the country are disappointed with this budget,” because they expected the government to double the MSP to support farmers. This promise remained unfulfilled in the budget, leading to widespread disappointment among the agricultural community.
- Youth and Agni Yojana:
- Singh pointed out that crores of youth had hoped for the end of the Agni Yojana, aiming to address the increasing age-related issues in the army. However, Sanjay Singh said, “Crores of farmers of the country are disappointed with this budget,” as no provisions were made for this, leaving the youth disheartened.
- Inflation and Fuel Prices:
- There was a strong expectation that the government would provide relief from inflation by reducing taxes on diesel and petrol. Sanjay Singh said, “Crores of farmers of the country are disappointed with this budget,” because these expectations were not met, affecting the common man who continues to struggle with rising living costs.
- Stock Market Impact: The budget also disappointed the stock market. Small investors, numbering approximately ten crore, who rely on stock investments to manage their household expenses, were hit hard. Sanjay Singh said, “Crores of farmers of the country are disappointed with this budget,” particularly because of the increase in long-term capital gains tax from 10% to 130% and the short-term capital gains tax from 15% to 20%. This change impacts nearly thirty crore people, considering the families dependent on these investments.
Sanjay Singh highlighted that the budget has been silent on critical issues such as inflation, unemployment, and farmer welfare. This silence has led to widespread dissatisfaction among various segments of society, including households, small investors, and the general populace.
Sanjay Singh said, “Crores of farmers of the country are disappointed with this budget,” reflecting the overall sentiment of disillusionment that has permeated through the different layers of society due to the perceived shortcomings of the Union Budget.