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State Congress hails union budget
2/29/2008 11:28:33 PM
Early Times Reporter
Jammu | Feb 29
Jammu and Pradesh Congress committee has hailed the union budget presented by the union finance minister, P. Chidambaram today and described it Aam Adami Budget. Welcoming the budgetary proposal presented by Chidamram, the PCC has described as one of the best budget during the last six decades. The budget has taken care of all sections of society especially the poor, the farmers and the middle income group. The agricultural loan waiver scheme is going to benefit Rs. 4 crore farmers in the country out of which Rs. 3 crores are small and marginal farmers. This is a bold decision were by about Rs. 60 thousand crores loans which constitute 4% of a total banking loans has to waived off, the party spokesman said. He said raising of income tax slabs exempting income upto Rs. 1.50 lacs and Rs. 1.80 lacks for women and Rs. 2.25 lacks of senior citizens has come as a major relief to the adaried class and middle group. The increase of 20% in education sector, extension of NREGA scheme to 596 rural districts and initial allocation of sixteen thousand crores for this scheme besides fifteen thousand crores for unemployed youths is also welcome step he said and added raising of the wages of eighteen lack Annganwaid workers and helpers to Rs. 1500/- and Rs.750/- for per month respectively and increased allocation in health sector rural development sector Rs. 30 thousand insurance cover to each BPL worker in unorganized sector and Rs. 400 crores for National plan gor elder are the remarkable steps in the budget. The budget proposal also take due care of the ST/SCs, other weaker sections and minorities in the country.
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