Wednesday, February 18, 2009

Letters-56: "Interim Budget, a Disappointment!"

1. This refers to the editorial, "Wasted Opportunity" (The Hindu, Feb.17). The interim budget is a huge disappointment to all sections. Pranab Mukherjee's presentation, enumerating the UPA government's achievements, sounded like an election speech. At a time when the aam aadmi is reeling under the impact of the global meltdown, the budget ought to have addressed the bread and butter issues. The government has indeed squandered a golden opportunity. - B.Suresh Kumar, Coimbatore.

2. There is nothing in the interim budget to show that the government is serious about tackling recession. Industry, which is in a deplorable condition, has nothing to rejoice at. Bereft of any bold step, the budget looks like an ordinary document. - Sagar D.Kokate, New Delhi.

3. The Congress-led UPA government has failed to address the brewing economic crisis. It appears that it does not want to be seen as addressing the crisis during its tenure. The government should have exhibited responsibility, as thousands are losing jobs across several sectors. - N.Sekar, Salem.

4. The government leaves behind a perfect economic mess for the next dispensation. The nation's economic health is nightmarish, and it may take several years to get the economy back on track. - A.Vani, Hyderabad.

5. Though a budget cannot satisfy all sections, it could have had something for everybody, instead of everything for somebody. There is every reason for the salaried and business class to feel despondent as their year-long wait for tax relief has gone in vain. A considerable outlay for the development of the rural sector is no guarantee that it will meet its end, if the past is any indication. - S.Ramakrishnasayee, Ranipet.

Courtesy: The Hindu, Madurai, February 18, 2009 ("Letters to the Editor").

Grateful thanks to M/s.B.Suresh Kumar, Sagar D.Kokate, N.Sekar, A.Vani, S.Ramakrishnasayee and The Hindu.

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