EC's Decision to Allow Union Budget Presentation on February 1 'Peculiar': Yechury
EC's Decision to Allow Union Budget Presentation on February 1 'Peculiar': Yechury
The CPI-M on Tuesday termed as "peculiar" the Election Commission's decision to allow presentation of the Union budget on February 1, wondering how the proposals in it would exclude the five poll-bound states.

Bhubaneswar: The CPI-M on Tuesday termed as "peculiar" the Election Commission's decision to allow presentation of the Union budget on February 1, wondering how the proposals in it would exclude the five poll-bound states.

"EC's order on advancing the budget is not acceptable. It is peculiar because how can budget proposals exclude five states when the government decides to raise exemption limit of income tax for instance or announce agri loan waivers for small farmers?" CPI(M) secretary Sitaram Yechury told reporters.

The EC had yesterday gave its nod to the Centre to present the Union Budget 2017 on February 1 ahead of the Assembly elections, but said no schemes related to these poll-bound states could be announced.

Arguing that under similar circumstances the then central government in 2012 had postponed the presentation of Union Budget in view of state elections, Yechury said, "This could have been done this time too. We are sure, the general budget will influence the voters."

Asked about the Left parties' agenda for the ensuing Assembly elections in Uttar Pradesh, Uttarakhand, Manipur, Punjab and Goa, Yechury said, they would put up Left combine candidates.

Expressing concern over frequent train accidents, he said there had been five major train mishaps within a gap of six months.

"As many as 1.4 lakh posts remained vacant in the department of rail safety. After Kanpur train accidents, we thought the ministry will address the problem. But that has not happened," he said.

The veteran leader suggested to the ministry not to be pre-occupied with bullet trains and speed trains, rather it should focus on the fundamentals.

"We apprehend that there will be further reduction in the outlay for railway budget in the mixed budget this time. The operating ratio of railways is still negative," Yechury said adding that his party would raise the issue in Parliament.

Asked how his party could raise the issue if Parliament is not allowed to function, Yechury preferred to blame the Treasury Bench over disruption of House proceedings.

On demonetisation, the Left leader said the Modi government's decision benefited the card companies and the corporates, not common men.

"There has been a three-fold rise in the use of cards in the monetary transaction. The amount has jumped from Rs 150 crore to Rs 450 crore. The card companies got Rs 12.50 crore at the rate of 2.5 per cent as transaction cost," he said.

He said that demonetisation had not checked black money, terror activities and corruption as claimed by the Prime Minister. Rather, he added, it had helped card companies and corprates. Terror attacks have also increased.

"I understand that the Centre is bringing a bill to make a provision that account holders will get Rs 1 lakh in case of banks collapse," he said adding that the CPI(M) would launch a country-wide campaign on the adverse impact of demonetisation on the youths, farmers, small traders and others.

Yechury claimed that the Centre had waived Rs 1.12 lakh crore in corporate loans in 2014-15 and 2015-16.

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