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No ‘immediate stimulus’ to generate employment: Kamal Nath on Budget

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New Delhi : Responding to the General Budget for 2016-17 presented by Union Finance Minister Arun Jaitley in the Parliament, Senior Congress leader Kamal Nath on Monday said that there is no ‘immediate stimulus’ to create disposable income in hands of people or to generate employment.

“This is a budget of future clarifications; there is no immediate stimulus to create disposable incomes in the hands of the people or to generate employment,” Nath told the media here.

He said it is unfortunate that what needed to be done has not been done.

“What needed to be done has not been done, something which provides greater incentives to the employment generations. Because the biggest challenge we face today is in employment and the agriculture sector,” he added.

Presenting the General Budget proposals for 2016-17 in Parliament today, Jaitley said that the government’s agenda is to transform India, with incentives for agriculture and farmers’ welfare, rural employment and development of infrastructure, covering all welfare and health services as well as making India as a knowledge based and productive society.

Jaitley said that government will reorient its intervention in the farm and non-farm sectors to shift focus beyond the country’s food security to farmers’ income security.

He said that a total allocation of Rs.35, 984 crore is proposed for this purpose in order to double the income of farmers by 2022.

He said that a Unified Agricultural Marketing E-Platform will be dedicated to the nation on the birthday of Dr. Baba Saheb Ambedkar on April 14 this year to help the farmers in accessing markets, which is critical for enhancing their income. (ANI)

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