Mamata Banerjee Lambasts Union Budget 2026 as 'Humpty Dumpty', Alleges Neglect of Common Man
West Bengal Chief Minister Mamata Banerjee has launched a scathing attack on the Union Budget for the fiscal year 2026-27, dubbing it a "Humpty Dumpty" budget that offers nothing substantial for the common man. In a strongly worded statement, the Trinamool Congress leader expressed deep disappointment with the central government's financial plan, asserting that it fails to address the pressing needs of ordinary citizens and the state of Bengal.
Budget 2026-27: Key Changes in Prices and Taxation
The Union Budget 2026-27, presented by the Finance Minister, has introduced several adjustments that impact daily life and personal finances. According to official announcements, certain essential items and services have become cheaper, while others have seen price hikes. The budget outlines specific measures aimed at stimulating economic growth, though critics like Mamata argue these benefits are skewed.
What Gets Cheaper: The budget includes reductions in duties or taxes on select goods, potentially lowering costs for consumers in categories such as renewable energy products, healthcare essentials, and digital services. These changes are designed to promote sustainability and accessibility.
What Gets Costlier: Conversely, increased levies on luxury items, imported electronics, and certain non-essential commodities may lead to higher prices. The government cites revenue generation and import substitution as reasons for these adjustments.
Latest Income Tax Slabs for FY 2026-27: Full Details and FAQs
The budget has revised the income tax structure, offering updated slabs under both the new and old tax regimes. Taxpayers are advised to review these changes carefully to optimize their financial planning.
New Tax Regime: The updated slabs provide lower rates for specific income brackets, with increased exemption limits to benefit middle-class earners. Key features include simplified filing processes and incentives for digital transactions.
Old Tax Regime: While retained for those preferring traditional deductions, this regime sees minor tweaks in slab rates and exemption criteria. Taxpayers can choose between regimes based on their eligibility and financial goals.
Common FAQs address queries on slab applicability, deduction benefits, and transition rules. Experts recommend consulting tax advisors to navigate the new provisions effectively.
Mamata's Critique: A Political and Economic Perspective
Mamata Banerjee's criticism extends beyond mere disapproval, highlighting broader political tensions between the state and central governments. She alleges that the budget overlooks Bengal's developmental needs, such as infrastructure projects and social welfare schemes, in favor of other regions.
Her "Humpty Dumpty" analogy suggests the budget is fragile and likely to collapse under scrutiny, lacking a cohesive vision for inclusive growth. This stance resonates with opposition parties and some economists who question the budget's impact on inflation and unemployment.
In response, central officials defend the budget as balanced and progressive, emphasizing initiatives for farmers, small businesses, and digital innovation. They argue that Mamata's remarks are politically motivated and ignore positive aspects like increased healthcare funding and tax reliefs.
As debates intensify, the budget's implementation will be closely watched, with its effects on the common man and regional economies under scrutiny. Citizens are urged to stay informed through official channels and financial experts to make the most of the new fiscal policies.
