CPI(M) Denounces Union Budget as Statistical Illusion, Cites Systemic Neglect of Andhra Pradesh
In a scathing critique of the Union Budget, CPI(M) leader B. V. Raghavulu has characterized the fiscal plan as a 'statistical gimmick' that fails to deliver substantive benefits to Andhra Pradesh. The party's analysis highlights three critical deficiencies: the omission of welfare scheme enhancements, a reduction in Polavaram irrigation project funding, and the conditional loan-based financing for Amaravati's development. This approach, according to the CPI(M), effectively delays pivotal state projects and undermines regional economic stability. The critique underscores a broader pattern of fiscal policies that prioritize macroeconomic optics over ground-level implementation, raising concerns about equitable resource distribution. The party's statement serves as a formal indictment of budgetary mechanisms that may obscure rather than address developmental disparities, calling for a re-evaluation of allocation strategies to ensure tangible progress in state-specific initiatives.