Mamata Banerjee Slams 'Humpty Dumpty' Budget 2026, Calls it 'Hollow' and 'Directionless'

India
M
Moneycontrol•01-02-2026, 23:04
Mamata Banerjee Slams 'Humpty Dumpty' Budget 2026, Calls it 'Hollow' and 'Directionless'
- •West Bengal CM Mamata Banerjee criticized Budget 2026, labeling it a 'Humpty Dumpty budget' and 'hollow' for not allocating funds to Bengal.
- •Banerjee described the budget as 'directionless, visionless, actionless, and anti-people,' also targeting its impact on women, farmers, education, and marginalized communities.
- •Indian markets, Sensex and Nifty, saw significant drops after the budget presentation but recovered half their losses later.
- •The Congress party also criticized the budget, calling it 'bland' and lacking provisions for farmers and youth employment.
- •Prime Minister Narendra Modi, however, hailed the budget as 'historic,' reflecting aspirations and providing a roadmap for a developed India by 2047.
Why It Matters: Mamata Banerjee and Congress criticized Budget 2026 as 'hollow' and 'directionless', while PM Modi lauded it as 'historic'.
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