Leader of the Opposition in Lok Sabha Rahul Gandhi, while slamming the Union Budget 2026, said it not only “refuses course correction” but is also blind to the country’s real crises.
“Youth without jobs. Falling manufacturing. Investors pulling out capital. Household savings plummeting. Farmers in distress. Looming global shocks – all ignored. A Budget that refuses course correction, blind to India’s real crises,” he said in a post on social media platform X, on Sunday.
Congress president Mallikarjun Kharge also slammed the budget and said the Modi government has now run out of new ideas.
“The budget raises a question for India’s economic, social, and political challenges. This budget has nothing for the poor sections. The budget has not taken any steps to control inflation either. The Economic Survey shows that uncertainty in trade is a major challenge for India, but the budget barely acknowledges this problem,” Kharge said.
He further said that the Government of India has no plan to deal with the “rupee’s depreciation either” and added that “The root crisis of the Indian economy is stagnant wages, weak consumer demand, and sluggish private investment, but the budget shows no ideas to boost consumer demand.”
Echoing Rahul Gandhi’s “youth without jobs” criticism, Kharge said, “This budget has no discussion on solutions to the widespread unemployment crisis among educated youth. Inequality has surpassed the era of British rule, but the budget does not even mention it. The government did not even spend the full allocated budget last year in several essential areas like education, health, and social justice,” the Congress president said.
“The Modi government’s slogan is ‘Sabka Saath, Sabka Vikas’ (Together with all, Development for all), but the budget figures show that no money was spent on education, and the budget was even reduced compared to last year,” he said.
On Sunday, Finance Minister of India Nirmala Sitharaman presented the Union Budget 2026-27, marking her ninth consecutive budget.
Shockingly, Sensex closed 1,546.84 points down; Nifty 495.2 points after Sitharaman announced the 2026 budget.