'Ignores key challenges from Eco Survey': Chidambaram pans Union Budget 2026-27

Senior Congress leader and former Finance Minister P. Chidambaram issued a scathing critique of the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman on Sunday, declaring that it "failed the test of economic strategy and economic statesmanship".

In a detailed statement, Chidambaram expressed astonishment at the budget speech, arguing that it disregarded the major challenges highlighted in the Economic Survey 2025-26 and relied instead on a barrage of acronyms and new schemes without substantive addressing of pressing issues.

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