The workers and farmers expressed their anguish against the pro-corporate, anti-worker, anti-farmer and anti-people Budget 2025-2026 by organising protests all over India today. Almost all major cities and rural districts in the country witnessed these protests.
The speakers who addressed the protesters said that the budget 2025 – 2026 has once again treaded the path to the advantage of big business corporate houses, fails to address the unprecedented unemployment situation, is aggravating agrarian crises, rising inflation resulting in high prices of essential commodities. There is continuity of polices of privatisation and sale of Public Sector enterprises and public services, the announcement of 100 percent FDI in insurance sector would be damaging not only to our common people and the farmers but to the country economy as well, They said policy of national Monetisation Pipeline is being continued aggressively to hand over the public assets and infrastructure to the corporates endangering self-reliance.
The policies of the Union government have resulted in the increase of inequalities and this budget will ensure that trajectory to continue.
This budget is another blow to informal economy workers, unemployed youth, poor and marginal farmers who are ignored. The budget does not do justice to the needs of our people for more needed allocation to education (it is only 2.5%), health (it is only 1.9%), drinking water, shelter to the poor, marginal and lower income group people.
In case of self-employed men, the wage is lower by 9.1% and for females by 32% in this mentioned period. Similarly for salaried class reduction was for males 6.4% and for females 12.5%. During this very period the corporates increased their wealth by 22.3 % stealing the wages of working people is one of major factor in that. Employment expanded only by 1.5 % as per the same survey. The expenses on education and health have increased exorbitantly which is a burden on the poor sections of our people including the middle class.
The unions had demanded investment in labour intensive industry, to invest more far the growth of MSMEs, but it fell on the deaf ears.
The allocation of budget to ICDS, ASHA and Mid-day-Meal schemes and MGNREGA are reduced in practical terms.
The government is not willing to make recruitments in the already sanctioned posts in the central and state government departments and the PSUs while the ban on creation of jobs continues. The government is pushing for nuclear energy/atomic energy/nuclear reactors where as it is endangering the nation by fast-track privatization move of electricity generation and distribution in the country.
Trade Unions had demanded increase in corporate tax, introduction of wealth and gift tax to raise money but nothing of the sort done rather indirect taxes and Cess on common masses will add to their burden.
In the name of “Ease of Doing Business” the government is pushing pro employer, anti-workers labour codes whereas the policies to give advantage to Monopoly corporates are reflected in this budget. This is in order to weaken the trade union movement who represent the voice and interest of 570 million (57 crores) of work force in the country. The government agenda to do away with inspection system continues with vengeance.
The agitations to anti-labour policies would be intensified in the coming days.
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