All India Forward Bloc terms Union budget as highly disappointing

The All India Forward Bloc on Wednesday termed the Union budget as ‘disappointing’ as it presented nothing new to offer to address the crisis and confusion due to demonetisation.

“The budget has nothing new to offer to the socio economic problems being faced by the nation..... The budget 2017-18 is highly disappointing as it has failed to address the crisis and confusion prevailing in society due to demonetization. The Budget is more for liberalization and depending on foreign direct investments,” AIFB general secretary Debabrata Biswas said in a statement.

“The restrictions for political funding are not adequate and superficial in its nature. Introduction of electoral bonds will not work and why the government is reluctant to introduce IT on political parties?” Biswas questioned.