"The government is attempting to raise the FDI limit in defence sector to 100 per cent and contemplating FDI in railways. This is nothing but to sell out the country," Banerjee, the West Bengal Chief Minister, said in Hooghly district of the state.
TMC's arch detractor CPI(M) spoke in similar vein with party leader Sitaram Yechury saying the emphasis on foreign investment and the Public-Private Partnership (PPP) route was "very dangerous". He alleged that such a move would only jeopardise the railway's "social role" and its contribution in national integration.
He wondered why FDI was being talked about in the railways when surplus investible funds from PSUs could be used for the creation of infrastructure.
While Chowdhury dubbed the budget as "lacklustre", TMC leader Kalyan Banerjee termed it as "anti-people".
CPI also slammed the government for "burdening the people" by hiking passenger fare and freight charges before the budget and said the ruling coalition's priorities on resource mobilisation were "highly questionable".
BJP's Tamil Nadu allies -- DMDK, PMK and MDMK, were cautious in welcoming the proposals made in the budget.
PMK founder S Ramadoss said Gowda had presented 'disappointment' to the people of the state who had high expectations from him. He also said that the Modi Government should ensure that the participation of private players and FDI does not result in privatisation of Railways.
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