STOCK MARKET BSE NSE

Opposition leader Ramesh Chennithala says Kerala Budget 2018 is a flight of fancy

There is not even a mention of the crisis-hit natural rubber sector which is a core area of agriculture of the state, he said.

Published: 03rd February 2018 01:18 AM  |   Last Updated: 03rd February 2018 03:08 AM   |  A+A-

Kerala Opposition Leader Ramesh Chennithala (File)

By Express News Service

The state budget presented by Finance Minister T M Thomas Isaac was nothing but a flight of fancy and unrealistic, without any measures to contain the heavy price rise of essential commodities, address the unemployment issue or restructure the economy and activate growth.

The budget doesn’t reflect the grave financial crisis which has gripped the state.

The very sanctity of the budget itself has been lost. Most of the proposals have been pegged as projects of the Kerala Infrastructure Investment Fund Board (KIIFB) over which the Assembly has no control.

Isaac has nothing to say on the much-trumpeted stimulus package which he had announced in his last budget. There is not even a mention of the crisis-hit natural rubber sector which is a core area of agriculture of the state. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp