Share market crash almost led to the fall of Union govt: Mamata

Kolkata : West Bengal Chief Minister Mamata Banerjee on Thursday claimed that on the day of the Union Budget on Wednesday, the Union government virtually was on the verge of collapse because of the share market crash.
“The government was on the verge of collapse. Desperate calls were made to some parties to provide funds to that person whose share prices were going down fast,” the Chief Minister claimed at a public rally in East Burdwan district on Thursday.
However, she did not name anybody in this connection.
“I know exactly who all were approached for providing funds. But I do not want to take any names since that would make their lives miserable. At least six individuals were called up. Some were asked to pay around Rs 30,000 crore, some Rs 20,000 crore and some Rs 10,000 crore to that individual whose companies’ share prices fell. How will such a government, which does not have any planning, continue in the long run,” Banerjee asked.
Also Read Centre confusing people in name of CAA: Mamata The Chief Minister also termed the income tax relief proposed in the Union Budget 2023-24 as nothing but eye-wash.
“On one hand there were announcements for tax reliefs, and on the other hand the existing concessions on investments made were denied. This is like giving Rs 2 after deducting Rs 2.50,” Banerjee said.