‘It’s a glorified exercise in self-congratulation’

‘UPA’s last vote-on-account is extremely disappointing! It’s nothing but a glorified exercise in self-congratulation,’ Modi said in his one of the tweets.

While terming the manufacturing as ‘Achilles’ heel’, he said, ‘Deceleration in investment in manufacturing worrying. This is the result of wonders of UPA’s policies. FM says 296 projects worth Rs. 6.6 lakh crore cleared recently. Why were these projects held back at all? Is it not policy paralysis? While the FM may pat his own back, the fact remains that our youth is bearing the brunt of rising unemployment.’

Chidambaram while unveiling the Interim Budget 2014-15 proposals in the Lok Sabha, said, ‘Non-plan expenditure in 2014-15 is estimated at Rs 12,07,892 crore. Of this, the expenditure on subsidies for food, fertilizer and fuel will be Rs 2,46,397 crore. This is slightly more than the revised estimate of Rs 2,45,452 crore in 2013-14.’

While reacting over FM’s non-plan expenditure estimate, Modi said, ‘Mere lip-service by the FM on the return of black money; UPA’s lack of commitment towards bringing black money was on display yet again! FM eats up plan expenditure, rolls over Rs 35,000 crore subsidies to next year to contain fiscal deficit even as non-plan exp overshoots! Real hard work!’

However, Modi welcomed the decision on ‘One Rank, One Pension’ for the defence forces. He said, ‘Belated wisdom finally dawns on our hard working UPA ministers.’
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