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Union Budget fails to address core issues of inflation, unemployment: Jamaat-e-Islami Hind

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After the Union Budget for 2023-24 was presented by Finance Minister Nirmala Sitharaman on Wednesday, the Jamaat-e-Islami Hind (JIH) has criticised the budget for not addressing two important core issues of price rise and unemployment.

Issuing a statement, the JIH said, “The Budget falls short of addressing the core issues of inflation (price rise) and severe unemployment. The Budget has been insensitive to the call of the Prime Minister of ‘Sab ka Vikas’ as it has reduced the budgetary allocation to the minorities from Rs 5,000 crore to around Rs 3,000 crore.”

It said that the decision to reduce the tax on income above Rs 5 crore from 37 per cent to 25 per cent is not correct. This will further increase wealth inequality as pointed out by the latest Oxfam report. Overall the Budget appears to cater to the interest of corporates and not the informal economy and the common man.

However, the JIH further said that the budget can be credited to being focused on economic growth and fiscal consolidation bridging the negative gap between revenue and expenditure. Now, those having income up to Rs 7 lakh per annum will not have to pay any income tax. This change will help the salaried class. One more positive is the boost given to capital expenditure which is now budgeted at Rs 13.7 lakh crore i.e. 4.5 per cent of GDP. This will help in easing the funding of infrastructure projects.

“Despite these positives in the Budget, it appears as if it is aimed at benefiting only one class of society while ignoring the country’s poor and those living in rural areas. While the push for fiscal prudence is good, it has squeezed government expenditures even further resulting in a decrease in allocation for the social sector. For example, the MGNREGA scheme allocation has been slashed by 33 per cent when unemployment is historically high,” the JIH added.

“Another worrying aspect of the Budget is that various subsidies have been cut. For example, food subsidy has been cut by Rs 90,000 crore, fertilizer subsidy by Rs 50,000 crore and petroleum subsidy by Rs 6,900 crore. Also, Rs 9,255 crore remained unspent in the health sector and Rs 4,297 crore remained unused in the education sector. This non-utilization of allocated funds happened at a time when both these sectors required special focus in the post-pandemic era,”, the JIH said.

Business

TN announces Rs 2 per kg incentive for cooperative ration shop onion sales

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Salespersons at ration shops run by cooperative societies will receive an incentive of Rs 2 for every kilogram of onions sold under an initiative aimed at controlling retail prices and ensuring access to quality produce at reasonable rates.

The incentive was announced in a procedural order issued by Registrar of Cooperative Societies, Latha. It recognises the additional responsibilities undertaken by salespersons handling onion distribution alongside their regular ration shop duties.

According to the order, onions were procured in three phases from the National Agricultural Cooperative Marketing Federation of India (NAFED) and the National Cooperative Consumers’ Federation of India (NCCF). The procurement was undertaken to help check rising onion prices in the open market. The onions are being sold to the public through ration shops operated by cooperative societies.

The arrangement is intended to make quality onions available at fair prices while using the existing cooperative distribution network to reach consumers.

Under the order, the incentive payable to each salesperson will depend on the quantity of onions sold. The prescribed rate is Rs 2 per kilogram, linking payment directly to the volume handled through sales at the participating shops.

The Registrar’s order lists several additional tasks associated with the initiative. These include receiving onion consignments, storing the produce, sorting it, weighing quantities for customers, conducting sales and maintaining the related sales accounts. These responsibilities involve work beyond the routine distribution of ration commodities.

The incentive is intended to encourage salespersons to undertake the additional duties required to carry out onion sales through cooperative outlets. The amount due to eligible salespersons will be credited directly to their bank accounts through the Electronic Clearing Service (ECS), according to the order.

Payments will therefore be made through bank transfers based on the quantity sold. The measure combines consumer relief with an incentive for the staff responsible for implementing the sales programme.

While the procurement and distribution arrangement seeks to contain the impact of higher market prices, the additional payment acknowledges the work involved at the retail level. The order specifies a uniform incentive rate for onion sales conducted through the participating cooperative ration shops.

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National News

Student killed as lighting truss collapses during Dandiya event at Hyderabad college

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A female student died, and at least 16 others were injured when a lighting truss collapsed during a Dandiya event at an engineering college at Nadergul on the outskirts of Hyderabad.

The accident occurred at MVSR Engineering College in Nadergul in Telangana’s Adibatla Rangareddy district on Saturday night.

The lighting truss suddenly collapsed during the event, triggering panic.

Narayandas Sona (18), a first-year B. Tech student, sustained critical injuries. She was rushed to a nearby private hospital but died while undergoing treatment. She hailed from the Wanaparthy district.

Police rushed to the spot and launched an investigation into the incident. Preliminary investigation shows that the lighting system collapsed due to strong winds.

The injured were rushed to a nearby hospital and from there shifted to Yashoda Hospital.

According to police, 10 out of 16 injured have been discharged from the hospital.

Some students and their parents alleged negligence on the part of the college management and demanded strict action against those responsible for the accident.

The Dandiya event was organised as part of Sangamam-2026, a two-day national-level technical and cultural fest. The event brought together students from various colleges to showcase their technical skills, innovative ideas and cultural talent.

Chief Minister Revanth Reddy has expressed shock over the accident at MVSR Engineering College, which resulted in the death of a student.

The Chief Minister conveyed his condolences to the student’s family and directed that the best possible medical care be provided to the injured students.

He ordered that those responsible for the accident be identified and that strict action be taken against them.

Bharat Rashtra Samithi (BRS) Working President K.T. Rama Rao said the accident has caused profound shock and grief. He extended his deepest condolences to the family of the deceased student.

Rama Rao wished for a speedy recovery of the students injured in this accident. He requested the authorities to provide them best medical care.

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Crime

12 killed as truck crashes into shops near temple gate in MP Gwalior

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Twelve people were killed, while over 25 were injured after a truck rammed into shops near Shitla Mata Temple in Madhya Pradesh’s Gwalior early on Sunday, officials said.

The incident occurred at around 1:30 a.m. on Sunday when the truck lost control while descending a slope near the historic Shitla Mata Temple, located 18 kilometres from the district headquarters.

“Approximately 50 people were struck by the vehicle, resulting in at least 12 deaths. More than 25 others, including two police personnel and several children, have sustained injuries,” an official said.

According to eyewitnesses, the truck was loaded with sacks of paddy and lost control while descending a hill and crashed into shops near the temple.

“The truck, approaching from the direction of Chinor, went out of control while descending the slope near the main outer gate of the temple and ploughed into the shops situated around the gate. The impact caused significant damage to several shops and destroyed multiple two-wheeled vehicles,” an eyewitness told media.

Upon receiving news of the accident, police teams arrived at the scene and transported the injured to the hospital. About five individuals remain in critical condition. The bodies of the deceased have been taken to the Jaya Arogya Hospital in Gwalior.

Speaking to media, a local said, “When I looked around, there was utter chaos and distress. People were screaming and frantically searching for their loved ones. It was heartbreaking to see people trapped beneath the truck. As for negligence, this is a result of gross negligence by the Gwalior administration. It is a major lapse that led to this tragedy at the Shitla Mata Temple.”

“Our faith has been deeply shaken. People hold an unwavering belief in this temple, a place where neither a coconut is broken nor a lemon is cut, yet such a tragedy has occurred. It is heartbreaking. I demand that the government and Chief Minister Mohan Yadav, who frequently speak about Sanatan Dharma, come to Gwalior today. Compensation must be provided to the families of those who lost their lives, and the injured should receive free medical treatment,” he said.

A shopkeeper, Bablu Prajapati, said, “I had a shop here, which was being managed by my father. Two relatives were also visiting. In total, four people who were at the shop have been injured; they are all currently undergoing treatment in the hospital.”

The tragedy occurred during the auspicious festival of Navratri, when hundreds of thousands of devotees visit the historic Shitla Mata Temple. Typically, the route passing by the temple is closed to large vehicles during this period; hence, an investigation is underway to determine who allowed the truck to enter.

Officials have stated that they are probing who authorised the truck’s entry and whose negligence led to this incident.

An investigation is underway, and further details are awaited.

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