December 19, 2025 12:03 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘Worst is over,’ says IndiGo CEO after flight chaos; staff told to ignore speculation | Chaos at Hyderabad's Lulu Mall! Nidhhi Agerwal swarmed by fans, police register case | TCS bets big on AI, shares spike as company reveals ambitious plan | Delhi goes into emergency mode! Work from home, vehicle bans as AQI hits ‘severe’ | Massive fire guts shanties near Eco Park in Kolkata; no casualties | Indian Visa Application Centre in Dhaka shuts down early amid rising security concerns | Market update: Sensex tumbles 120 points, Nifty below 25,850 at closing bell | ‘Won’t apologise’: Prithviraj Chavan stands firm on controversial Operation Sindoor remark despite backlash | India summons Bangladesh High Commissioner after provocative 'seven sisters' remark | Amazon eyes $10 billion investment in OpenAI — a gamechanger for AI industry!

Budget has let down the people of AP: Naidu

| | Mar 01, 2015, at 02:23 am
New Delhi/Hyderabad, Feb 28 (IBNS): Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday said the General Budget presented by Union Finance Minister Arun Jaitley has 'let down' the people of his state.

"The Budget has let down the people of AP. It is Centre's responsibility to provide us a level-playing field to address our needs," Naidu tweeted.

"People of AP have reposed their faith in TDP-BJP alliance. They feel disappointed. I'll work hard until level-playing field is created," he said.

Instead of big bang announcements, Union Finance Minister Arun Jaitley on Saturday presented the General Budget 2015-16 focusing on infrastructure, cleanliness, social security and assuring a high growth trajectory while envisaging stricter laws on black money offenders.

While Jaitley said growth would accelerate  between 8 and 8.5 percent in the coming fiscal year and the pace of cutting the fiscal deficit would be slow, the corporate India reacted positively to the budget calling it incremental and creative.

The finance minister said  7.4 percent GDP is expected for the current fiscal year.

Jaitley did away with the wealth tax and instead introduced a 2 percent surcharge on the super rich. Corporate tax was reduced from 30 to 25 percent in the Budget. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm