Union Budget 2026: Mamata Banerjee’s Scathing Criticism
West Bengal Chief Minister Mamata Banerjee has strongly criticized the Union Budget 2026, describing it as a ‘Humpty Dumpty Budget’ that has failed to deliver for the people of West Bengal. In a scathing attack, Banerjee stated that the budget is directionless and anti-people, and will have a negative impact on farmers and women.
Sharp Fall in Stock Market
The stock market’s sharp fall in response to the budget is evidence of its negative reception, according to Banerjee. The Sensex today and Nifty live updates show that the market has not reacted positively to the budget. This is a cause for concern for investors and traders, who were expecting a more growth-oriented budget.
Impact on Farmers and Women
Banerjee also pointed out that the budget has failed to address the concerns of farmers and women. The farmers’ protest that has been ongoing for several months is a testament to the fact that the government has not done enough to support the agricultural sector. Similarly, the budget has failed to provide any significant benefits for women, who are a crucial part of the workforce.
Directionless and Anti-People
Banerjee’s criticism of the budget as directionless and anti-people is a reflection of the widespread discontent among the people. The budget has failed to provide any clear direction for the economy, and has instead imposed new taxes and burdens on the common man. This is likely to have a negative impact on the economy in the long run, and may even lead to a slowdown in growth.
West Bengal’s Concerns
Banerjee also pointed out that the budget has failed to address the concerns of West Bengal. The state has been seeking more funds for its development projects, but the budget has not provided any significant allocation. This is a cause for concern for the people of West Bengal, who were expecting more from the budget.
Stock Market Reaction
The stock market’s reaction to the budget has been negative, with the Sensex news and Nifty news showing a sharp fall. This is a reflection of the fact that the budget has failed to inspire confidence among investors and traders. The Indian stock market is likely to remain volatile in the coming days, as investors and traders try to make sense of the budget.
Conclusion
In conclusion, the Union Budget 2026 has been widely criticized by Mamata Banerjee and other opposition leaders. The budget has failed to deliver for the people of West Bengal, and has instead imposed new taxes and burdens on the common man. The stock market’s negative reaction to the budget is a cause for concern, and may lead to a slowdown in growth in the long run.
