Impression matters
The Union budget for the financial year 2018-19 is uninspiring as it does not address the problem of unemployment. Also, planning a budget becomes meaningful only when the previous year's proposals have been met. However, the latest budget speech hardly made any reference to the projects that were announced in the earlier years. Arun Jaitley's budget promises are nothing but mere rhetoric.
The government had pledged to create one crore jobs every year but has repeatedly failed to reach the target. Further, setting the limit for cash donations to political parties from one source at Rs 2,000 is a meaningless gesture. Jaitley has not reduced the tax rates for individuals, he also made no provisions to arrest the rise in fuel and commodity prices.
K.A. Solaman,
Alappuzha, Kerala
The Telegraph, Calcutta, Feb 8, 2018
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