Union Budget 2015 disappoints Uttar Pradesh

No allocation for the wishlist in the Union Budget has left the UP government disappointed.

Peeved over UP's neglect in the budget, Samajwadi Party chief Mulayam Singh Yadav said the Centre has deprived farmers, youth and underprivileged class in the state of any benefits by not sanctioning money for key projects.

During his meetings with Prime Minister Narendra Modi and through letters sent to the Union finance minister Arun Jaitley, Chief Minister Akhilesh Yadav had demanded Central funds for various projects. But none of it has been met in the Budget.

In a letter to Jaitley, the chief minister had drawn his attention towards escalating financial crisis in the sugar industry in UP. Akhilkesh Yadav had asked for Rs 4,000 per tonne subsidy on the export of raw sugar as a support to the sugar industry. He had cited that sugar millers have not been able to pay 40% of the arrears which were over Rs 1,000 crore in the crushing season 2014-15.

The CM had also sought a special package for Bundelkhand region but that, too, has not been met in the budget though the region so far been getting the Central assistance.

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