Chidambaram Slams Union Budget 2026: 'Failed Test of Economic Strategy'
India
M
Moneycontrol•01-02-2026, 17:50
Chidambaram Slams Union Budget 2026: 'Failed Test of Economic Strategy'
- •Former Finance Minister P Chidambaram criticized Union Budget 2026-27, stating it "failed test of economic strategy, economic statesmanship."
- •Chidambaram highlighted that the budget did not address unemployment, rupee depreciation, or other key challenges.
- •He accused the Finance Minister of poor accounting and failing to explain revenue and expenditure performance.
- •Opposition leaders, including Rahul Gandhi, Jairam Ramesh, and Priyanka Gandhi, echoed similar criticisms, citing youth unemployment, weak manufacturing, and farm distress.
- •Jairam Ramesh called the budget speech "non-transparent" and "lacklustre," while Rahul Gandhi said it was "blind to India’s real crises."
Why It Matters: P Chidambaram and other opposition leaders heavily criticized Union Budget 2026 for failing to address core economic issues.
✦
More like this
Loading more articles...
