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Budget not in people's interest: Front

Kolkata, Feb 28 (UNI) West Bengal Finance Minister Asim Dasgupta today described the Union budget for 2007-08 as uninteresting while Left Front Chairman Biman Basu called it a glossy foil pack hiding the "anti people" proposals inside.

"There is no reason why people should be enthusiastic about this budget because it has failed to address the problems of unemployment, inflation and price rise," Mr.Dasgupta told reporters at the Writers' Buildings.

He said in curbing inflation, the Centre should not only examine its previous decisions of allowing corporate houses and FDI in retail trade, but also come out with a complete course of action in closely interacting with states for extending overall public distribution system in essential commodities.

From the point of view of West Bengal, the budget had not also mentioned anything significant for the development of the state, he said.

Left Front Chairman Biman Basu observed that though Prime Minister Manmohan Singh and Finance Minister P Chidambaram had assured of a 'people-oriented' general budget, the proposals would not cater to the country's overall development.

"This budget is like an aluminium foil cover. What is there inside will be known only after the cover is removed," he said.

"This is an anti-people budget and the Centre has failed to take any concrete step on farming, education, unemployment and public distribution system," he said.

Referring to a query, Mr Bose replied that the budget could cast influence on the coming UP Assembly election.

UNI

Myanmarese business delegation visits NE

Aizawl, Feb 28(UNI) In a bid to improve bilateral trade between North Eastern states and Myanmar, a 35-member business delegation, including representatives of Myanmar Economic Bank (MEB) and trade bodies of Myanmar, would reach Mizoram today. State commerce department officials here said the delegation members were scheduled to meet the concerned ministers and senior officials of the states during their seven-day visit to the region. ''The delegation will also visit tea gardens, textile units, agro-based industries and fisheries of the states.....

Union budget represents a mixed bag: CII

Bhubaneswar,Feb 28 (UNI) CII Orissa chapter chairman Subhrakanta Panda today said inflation being a matter of concern, the industries will be disappointed at the absence of any reform measures such as reduction of excise duty. Mr Panda said the burdening corporate further by way of of higher dividend distribution tax could have been avoided and would have helped void negative sentiments. He said the thrust on agriculture, education, health and infrastructure development was a positive step and urged the Centre to.....

BNCCI terms budget-07 as 'neutral'

Kolkata, Feb 28 (UNI) Bengal National Chamber of Commerce president Shanta Ghosh today termed the Central Budget-07 as 'not very encouraging' as it 'failed' to touch the common man's problems. BNCCI vice-president K.K.Navada said the budgetary proposals for the 2007-08 fiscal was quite 'neutral'. Talking to newspersons he expressed his dissatisfaction over the tax collection, saying that the union finance minister had not given any relief to the corporate sector and had resorted to imposing one per cent cess in.....
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