Will Budget 2022 lead to Amrit Kaal or widen inequality?

Finance Minister Nirmala Sitharaman on Tuesday said the Union Budget lays down the foundation to steer the economic developments for the next 25 years with holistic and future priorities.

In her Budget Speech in the Lok Sabha, the minister said the Union Budget for 2022-23 seeks to lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100. It continues to build on the vision drawn in the Budget of 2021-22.

Meanwhile, senior Congress leader and former finance minister P Chidambaram dubbed the Union Budget as "the most capitalist" and said the country is turning into "very unequal" as nothing is offered to the poor and the farmers while sops have been provided to the big industrialists.