Opposition rails against budget

- POST REPORT, Kathmandu

Jul 15, 2014-

The main opposition UCPN (Maoist) has said the annual budget presented by the government in Parliament is against the spirit of federalism, alleging that the fiscal document fails to address the concerns of the oppressed and marginalised people.

The party argues that the neo-liberal economic policy, which the budget is said to promote, and privatisation are not in national interest. The third largest party in the Constituent Assembly has expressed its displeasure saying that the budget is apathetic to the concerns of Dalit, Muslim and margnalised communities. The opposition party has stood against Rs 10 million that every elected lawmaker gets under the Constituency Development Fund arguing that it promotes corruption.

Senior Maoist leader Baburam Bhattarai said the budget did not honour the recent political movements and their outcomes. Bhattarai, who served as the finance minister in 2008, said some of the innovative policies introduced by him had been dropped.

The Youth Self-employment Programme and national pride projects were prioritised also during Bhattarai’s premiership. Besides, he took exception to the decrease in funding for the health and education sectors.

Rastriya Prajatantra Party-Nepal Chairman Kamal Thapa charged that the budget provides no pill for the country’s sick economy. He said the document had no measure to address the unemployment problem. Thapa expressed fears that the new policies could fuel inflation.

Jitendra Narayan Dev of Madhesi Janadhikar Forum (Loktantrik) said the budget has put development in Tarai on the backburner.

Published: 16-07-2014 09:06

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