Congress Criticizes Union Budget for Overlooking Structural Unemployment Crisis
In a formal assessment, the Indian National Congress has issued a pointed critique of the recently unveiled Union Budget, asserting it fails to adequately address the nation's persistent unemployment challenges. The opposition party contends that the fiscal plan neglects core employment-generating sectors—specifically Micro, Small, and Medium Enterprises (MSMEs), the agricultural community, and the vast informal economy—which collectively form the foundational backbone of India's labor market. This analysis suggests a perceived policy gap wherein broad economic measures may not translate into direct job creation or stability for these critical demographics. The statement frames the budget as lacking targeted interventions to stimulate hiring or provide substantive safety nets for vulnerable workers, potentially leaving structural employment issues unmitigated. The critique underscores a significant political and economic divide regarding fiscal priorities and the translation of government expenditure into tangible labor market outcomes.