Budget taxing already burdened realty, automobile sectors: Satheesan

  • | Tuesday | 11th February, 2020

While participating in the discussion on the state budget 2020-21, Satheesan said the choices of Finance Minister Thomas Isaac were perplexing and would further worsen the sectors. This, according to Satheesan, showed the far Right-wing leaning of Isaac. “By subverting the plan process, you are following the far Right-wing policies of the BJP government at the Centre. The revenue receipts of Rs 1.10 lakh crore and revenue deficit of Rs 8,770 crore got changed to Rs 99,000 crore and Rs 17,474 crore respectively, he said. Though Rs 6,000 crore was announced for Kochi, the actual receipt would be only Rs 2.5 crore, he said.

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