Former Union finance minister added that the government could have chosen to solve one of the challenges of fiscal consolidation, acute distress in the farm sector, delivery of welfare and job creation.
"As far as I am concerned, this government has turned out to be a thoroughly incompetent in managing the economy," he said.
Chidambaram further criticised the National Health Protection Scheme (NHPC), saying the government had no way to fund it.
"This scheme will not see the light of the day. If it does, it will be in a rudimentary form. Most diseases, procedures will be excluded. It will be so difficult to access the scheme that 90% of the people will not even make an attempt to access it," he added.
Earlier on February 8, the Congress leader slammed the latest Union Budget presented by the National Democratic Alliance (NDA) government and shot questions in this context at the leading dispensation, at the Rajya Sabha.
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