union budget 2024-25

Betrayal of the Poor, Women, Youth, Workers, and Farmers Bonanza for Corporate Cronies and Foreign Interests

AIKS: UNION BUDGET OPENS DOORS FOR AGRIBUSINESSESThe union budget promotes further centralisation and encroaches on states' federal rights, while driving corporatization of agriculture to benefit predatory agribusinesses. Agricultural and allied sector allocations have continuously declined from 5.44 per cent in 2019 to 3.15 per cent currently, with a 21.2 per cent decrease compared to 2022-23. No measures ensure assured crop procurement at C2+50 per cent, and there is no increase in allocations for MGNREGA, PM-KISAN, and PMFBY over Interim Budget.

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