Parliament Budget Session Day 10: Opposition Slams 'Failed' Union Budget
Parliament Budget Session Day 10: Opposition Slams 'Failed' Union Budget
The tenth day of the Indian Parliament's Budget Session, held on February 10, 2024, witnessed sharp criticism from opposition members regarding the recently presented Union Budget. Lawmakers from various parties collectively labeled the financial blueprint a 'failed and squandered opportunity,' intensifying the debate on the government's economic policies within the hallowed halls of Parliament in New Delhi.
Proceedings saw heated exchanges as opposition benches articulated their grievances, asserting that the budget failed to adequately address pressing national concerns such as unemployment, inflation, and equitable growth across different sectors.
Background: The Annual Financial Exercise and Its Context
The Budget Session, traditionally the longest parliamentary session, commenced on January 31, 2024, with the President's Address. This was followed by the Union Budget for fiscal year 2024-25, presented by the Finance Minister on February 1, 2024. This budget outlines the government's financial plans, including revenue generation and expenditure allocations, setting the economic vision and policy priorities for the upcoming year.
