Key Points
After the Union government presented its Budget 2024-25, former Finance Minister and Congress leader P Chidambaram said, "Federalism has been considerably weakened by the central government taking over rather usurping the executive and legislative powers of state governments.".
Congress leaders, including P Chidambaram and Gaurav Gogoi, held a press conference on Thursday evening to express their views on the Budget 2024 presented by Finance Minister Nirmala Sitharaman..
P Chidambaram said Sitharaman did speak about 'minimum government' and 'maximum governance', but in reality, the 'minimum government' has undermined federalism..
Chidambaram said the government is "either ignorant or callous to the fact that the top 10 percent owns 60 percent of the nations wealth and earns 57 percent of the national income". ..
. Earlier on Thursday, Union Finance Minister Nirmala Sitharaman presented the Interim Budget 2024 and expressed hope that the good policies and the work done by the Central government will help the BJP return to power for the third consecutive time in a row..
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