Opposition parties on Sunday (February 1, 2026) described the Union Budget 2026 as “anti-poor” and “detached” from the country’s economic realities. Left leaders said it offered no relief to workers, farmers or the unemployed while continuing to prioritise big corporate interests. Trinamool Congress National General Secretary Abhishek Banerjee said the Finance Minister failed to mention West Bengal even once.
Union Budget 2026: Where the money comes from and goes | Infographics
Calling the Budget “faceless, baseless and visionless”, Mr. Banerjee said the Finance Minister, in her 85-minute speech, did not speak about West Bengal even once. “Centre views Bengal as Bangladesh... Otherwise why was Bengal not mentioned even once?...We had no expectations with this Budget. They knew that even if they spent money in Bengal, they wouldn’t win. So, from their perspective if you see they have preferred not to spend any money on Bengal,” he said. West Bengal goes to the polls in March-April this year.
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Communist Party of India (Marxist) general secretary M.A. Baby said the Budget “exposes the blind commitment” of the Modi-led government to a handful of corporate houses. Mr. Baby said cuts in fertiliser, food, and petroleum subsidies amounted to a “naked assault” on workers and peasants, and warned that transfers to States had fallen “by lakhs of crores”, undermining fiscal federalism. The Budget, he argued, would deepen inequality and worsen the ongoing economic crisis.
