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Balagopal estimated a 12.6% growth in state’s own tax revenues in 2023-24. What he got was just a 7% increase.
The budget expects a revenue of Rs 1,38,655 crore and expenditure of Rs 1,84,327 crore.
Sitharaman did not find the Bishop's offer hard to refuse and failed to address the Kerala rubber sector's nightmare of unrestricted imports of natural rubber.
Moreover, the Reserve Bank of India (RBI) has stopped monetising the government deficit long ago.
The cesses on fuel and liquor were sold as a kind of 'social responsibility' obligation. These cesses were to flow into a fund that would pay welfare pensions to over 60 lakh people.
The AICC chief said the Modi government's policies have affected minorities and women most.
The government itself has admitted to the crisis and added that the coming financial year would be worse.
There was no additional concession in taxes or give-aways including in the widely-expected PM-Kisan scheme.
The Panchayatiraj Bill envisaged imprisonment of up to one year and a fine of Rs 50,000 for those who discard waste in public places.
The country is eagerly awaiting to see the mix of measures Sitharaman has drafted for the economy and electorally significant segments like farmers and women.