From Lalu Prasad Yadav to Manmohan Singh: Who said what on Union Budget 2016 - Firstpost
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From Lalu Prasad Yadav to Manmohan Singh: Who said what on Union Budget 2016


Union Finance Minister Arun Jaitley on Monday presented in Parliament the Union Budget 2016-17 in which no change in personal Income Tax slabs has been announced, while a four-month compliance window for domestic black money holders has been given.

The Budget has also given relief to tax payers who earn below Rs 5 lakh per annum and ceiling of rebate u/s 87A has been raised to Rs 5,000 from Rs 2,000. Jaitley also announced that a high-level committee headed by the revenue secretary will oversee creation of fresh liability using retro tax law while clean energy cess has been increased from Rs 200/tonne to 400/tonne on coal, lignite and peat.

Here is how the politicians and people of the country reacted to the Budget:

Manish Sisodia (Delhi deputy CM)

Yashwant Sinha (BJP): Yes, the Finance Minister has passed the test. There is something for everyone in this Budget. If someone is trying to give financial assistance to the poor instead of giving more money to the rich, this is a good thing.

Kamal Nath (Congress): Unfortunately, what needed to be done has not been done. There is no immediate stimulus to create disposable income in hands of people or generate employment.

Manmohan Singh (Congress): "I think it (doubling farmers' income) is an impossible dream and there is no inclination, no way of telling the country how it will be achieved because it implies a 14 percent annual increase in the farm income in each of the five years"

Radha Mohan Singh (Agriculture Minister): This is the first time after independence that a Budget has been made specifically for the farmers, the poor and the villages.

Shashi Tharoor (Congress): The government has painted a very general picture. It has adopted many old policies of the UPA.

Amit Shah (BJP president): Government has also done a lot for the infrastructure of the nation. The government has also taken a very important decision for the women in rural areas.

Shivraj Singh Chouhan (Madhya Pradesh CM): I’m very happy as the Budget has been dedicated to farmers. PM said that we wish to double income of farmers by 2022.

Lalu Prasad (RJD president): PM Modi said he will double the income of farmers by 2022. What is the guarantee?

Manish Tewari (Congress)

Devendra Fadnavis (Maharashtra CM)

Sushil Kumar Modi (BJP)

Kiran Bedi (BJP)

Apart from the reactions from the politicians, there was also a lot of talk about the Budget on social media. Here's a sample: