Lukewarm response for State Government Tax-less budget
Termed as magic budget but has motives

Rumpus in GVMC over property tax
Demand notices stand withdrawn

Raghavulu warns Government to revoke GO 634 in four days
GO is meant to impose property tax on non-residential buildings

Communist Party of India

CPI(M) decries attack on party office
RSS and BJP effigies burnt

Communist Parties stage rallied protesting oil price hike
Says hike not really necessary

CPM activists attack House Committee members
30 Arrested, 15 injured in the incident

CPI activists barges into RDO office
Demands construction of three bridges

GVMC office picketed by CPI activists
Demands houses under JNNURM

Police stops CPI bid to raid godowns
Tension prevails when agitators tried to barge into the barricades

Onion prices making people cry
People in large number join hands with left parties to protest Onion prices hike

Visakhapatnam, February 16, 2008

Termed as magic budget but has motives

The State Government’s Rs.1,004.36 billion Budget surprised many of the sops and welfare proposals even as the Opposition leaders criticized it soon after it was presented by Finance Minister, K Rosaiah today. In view of the forthcoming Assembly elections, the Government’s tax less Budget drew a lukewarm response.

According to an industrialist MR Krishna Rao of Gajuwaka termed it as a magic budget. He opined that how the State Government will allocate such huge funds on welfare schemes. Andhra University Economics department dean G Ramachandrudu said the proposed Budget-08 was growth and social justice oriented. He said that the economic philosophy as enunciated by the Finance Minister is that development and welfare are two sides of the coin.

The CPI state committee member Ch Narasinga Rao stated that the budget was unfair to the people as the statistics shown was too far-fetched to be true. CPI secretary, Ch Satyanarayana Murty opined that the proposed Budget was an election oriented trap for the common person. GVMC Congress president and Visakhapatnam MLA I, Dronamraju Srinivasa Rao hailed the budget as a wonderful one. He said that no State in the country has proposed such a pro-common man budget.

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