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All India Trade Union Congress also criticised the Budget saying it does not provide for employment generation.

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All India Trade Union Congress also criticised the Budget saying it does not provide for employment generation.

"In the name of ease of doing business, the budget has given more tax concessions to corporates by reducing the tax rates while totally inadequate relief has been given to small and medium scale industries which provide and create employment," AITUC said in a statement.

The social allocation for health and education has also not been increased, it said, adding that there is a nominal increase of a few hundred crores for jobs under MNREGA.

No compensation has been given for loss of jobs and wages to the people who have suffered due to demonetisation. The workers have also not been provided any relief, it said.

Listing of PSUs in the stock market and further liberalisation of FDI is also against national interest. The Finance Minister has unusually mentioned passing of labour law related codes which do not fall under his domain, it said.

The Central Trade Unions will meet soon to decide the action programme against anti-worker provisions of the budget, it added.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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