Chidambaram Slams Union Budget 2026: 'Failed Test of Economic Strategy'

• Former Finance Minister P Chidambaram criticized Union Budget 2026-27, stating it "failed test of economic strategy, economic statesmanship."
• Chidambaram highlighted that the budget did not address unemployment, rupee depreciation, or other key challenges.
• He accused the Finance Minister of poor accounting and failing to explain revenue and expenditure performance.
• Opposition leaders, including Rahul Gandhi, Jairam Ramesh, and Priyanka Gandhi, echoed similar criticisms, citing youth unemployment, weak manufacturing, and farm distress.
• Jairam Ramesh called the budget speech "non-transparent" and "lacklustre," while Rahul Gandhi said it was "blind to India’s real crises."

Why It Matters: P Chidambaram and other opposition leaders heavily criticized Union Budget 2026 for failing to address core economic issues.