Centre Wants To Hide State Of Economy: Congress' Veerappa Moily Slams Budget

Attacking the BJP-led government after it presented its final interim budget before it term ends, senior Congress leader Veerappa Moily alleged that it was trying to hide the real state of the Indian economy. "The government wants to hide the real state of the economy by not presenting the Economic Survey report this year, by calling it an interim budget but presenting it like a regular budget," Mr Moily told NDTV. Union minister Piyush Goyal presented the election year Interim Budget in parliament today and announced major relief for farmers and individual taxpayers. With the Lok Sabha election just months away, the government kept the budget focussed on immediate relief such as easing income tax rules, favourable loan terms for small businesses, farm loan waiver and even direct cash transfers to small farmers.