“It’s a fine exercise taken up by the Finance Minister. It’s very inspiring, bold steps has been announced. Particularly the political funding has been made transparent. People will be happy. Some political parties will become poor. That is why our opponents are saying the budget is anti-poor.”
“The Congress and other leaders said this budget is anti-poor. It means that these parties which were being run on black money, they will become extremely poor,” Union minister M Venkaiah Naidu told reporters outside Parliament.
He said that the highlight of this budget is that one cannot contribute in cash more than Rs 2000 to a political party and honest people who want to donate to honest parties, political bonds have been allowed which he termed as a “big reform”.
He said that highest allocation in the history of the country has been given to MNREGA and honest taxpayers have been rewarded. He said that with more people coming under tax net, the tax rates are coming down.
“More money coming into the system means more money will be available for spending on welfare measures for the poor.
