Hyderabad: Bharatiya Railway Mazdoor Sangh says that the Union Budget presented by the Finance Minister for the year 2017-2018 looks failed to address the objective of budget as declared by finance minister. The said objective of the budget- Transform, Energise and Clean India with the approach of poverty alleviation.
There was huge revenue collection through demonetization but same has not been transferred in social expending. Migration caused due to demonetization is not addressed. Though budgetary allocation to MNREGA has been increased but it is not in tune, unemployment caused because of demonetization and migration from urban to village.
The tax relief is also not much, as expected because maximum tax payers is salaried class. BMS is of the view; the budget is disappointing to workers, salaried class and poor of the country. The unorganized sectors, scheme workers and other labour related concern – enhancement of their honorarium, coverage of social security net etc. are totally overlooked. BMS directs its affiliates to hold demonstration immediately against the Budget presented to demand relook on the budget proposals and provide compensation to common man who supported demonetization by bearing all sufferings. The scheme workers and other labour related concern – enhancement of their honorarium, coverage of social security net etc and strengthening to labour intensive industries must be taken care.