{"id":62476,"date":"2026-03-24T19:17:16","date_gmt":"2026-03-24T13:47:16","guid":{"rendered":"https:\/\/punjabenews.com\/English\/?p=62476"},"modified":"2026-03-24T20:19:27","modified_gmt":"2026-03-24T14:49:27","slug":"malvinder-kangs-remarks-on-finance-bill-2026-many-hollow-claims-but-ground-reality-tells-a-different-story","status":"publish","type":"post","link":"https:\/\/punjabenews.com\/English\/punjab\/malvinder-kangs-remarks-on-finance-bill-2026-many-hollow-claims-but-ground-reality-tells-a-different-story\/","title":{"rendered":"Malvinder Kang\u2019s remarks on Finance Bill 2026: Many Hollow Claims, But Ground Reality Tells a Different Story"},"content":{"rendered":"<p><span style=\"color: #ff0000;\">Kang Demands Opening of Wagah Border to Boost Farmers\u2019 Income Across North India<\/span><\/p>\n<p><span style=\"color: #ff0000;\">New Delhi (March 24):<\/span> Aam Aadmi Party (AAP) Member of Parliament Malvinder Singh Kang launched a scathing attack on the Union Government while speaking on the Finance Bill 2026, stating that the government\u2019s claims of economic strength and reforms over the last decade stand completely disconnected from the ground reality.<\/p>\n<p>Kang said that while the Finance Minister has made tall claims about economic progress, the real picture of the country\u2019s economy is deeply concerning. \u201cIf we look at the last ten years, inflation is at one of the highest levels in the country\u2019s history, and the Indian Rupee has weakened drastically, crossing alarming level of 90 against the US Dollar. The same people who once promised petrol at \u20b960 have now pushed prices beyond \u20b9100, with diesel also becoming increasingly expensive,\u201d he said.<\/p>\n<p>Highlighting the plight of farmers, Kang said that the promise of doubling farmers\u2019 income has completely failed. \u201cIn the last decade, instead of income doubling, input costs have doubled or even tripled. From pesticides to fertilizers, everything has become costlier, pushing farmers into deeper distress,\u201d he added.<\/p>\n<p>He further pointed out the stark contrast between macroeconomic claims and individual prosperity. \u201cWe are told India is among the top five economies in the world, but our per capita income ranking has slipped to 142. Poverty is increasing, and inequality is widening,\u201d Kang said.<\/p>\n<p>Raising the issue of corporate favoritism, Kang alleged that loans worth over \u20b916 lakh crore of big corporates have been written off as NPAs, while farmers continue to struggle even for Minimum Support Price (MSP) guarantees. \u201cThis clearly shows who the government stands with,\u201d he remarked.<\/p>\n<p>Kang also strongly criticized the Agniveer scheme, calling it a blow to the youth of the country. \u201cYoung people who once prepared to serve the nation in the armed forces are now left uncertain about their future. This policy has pushed many towards frustration and gangsterism,\u201d he said, adding that regions like Haryana are witnessing a worrying trend where unemployed youth are drifting in the wrong direction.<\/p>\n<p>On international trade, Kang raised serious concerns about the India-US trade discussions and their potential impact on Indian farmers. \u201cThis deal is a direct attack on the livelihood of our farmers, especially those involved in dairy, apple farming in Himachal Pradesh and Jammu &amp; Kashmir, and maize producers. Instead of strengthening our agricultural backbone, the government is exposing farmers to unfair global competition,\u201d he warned.<\/p>\n<p>He also highlighted the issue of cross-border trade through Punjab. \u201cTrade worth thousands of crores continues through Mumbai-Karachi routes benefiting big corporates, but the Amritsar-Lahore (Wagah Border) trade route remains shut. If opened, it can transform the economic condition of farmers across Punjab, Himachal Pradesh, Jammu and Kashmir, western Uttar Pradesh, Rajasthan and Haryana,\u201d Kang said. \u201cThe reason it remains closed is clear, because it would empower ordinary farmers instead of big corporate houses.\u201d<\/p>\n<p>Taking on the government over social security, Kang criticized the lack of any concrete step towards restoring the Old Pension Scheme (OPS). \u201cThere is no provision to ensure post-retirement security for employees. The government has failed to provide stability to the common man\u2019s future,\u201d he said.<\/p>\n<p>He further alleged that the weakening of welfare schemes like MGNREGA has severely impacted rural livelihoods. \u201cMGNREGA was a lifeline for millions of labourers, but its dilution has taken away basic income security from the poorest sections,\u201d Kang stated.<\/p>\n<p>Summing up his remarks, Kang said, \u201cScrapping MGNREGA is an attack on labourers, the Agniveer scheme is an attack on youth and employment, and trade policies like the India-US deal are an attack on farmers\u2019 livelihoods. The country cannot move forward on the basis of media narratives and hollow claims. Real development will only happen when the farmer who feeds the nation, youth who protects the borders, and the worker who builds the economy are secured and empowered.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kang Demands Opening of Wagah Border to Boost Farmers\u2019 Income Across North India New Delhi (March 24): Aam Aadmi Party (AAP) Member of Parliament Malvinder Singh Kang launched a scathing attack on the Union Government while speaking on the Finance Bill 2026, stating that the government\u2019s claims of economic strength and reforms over the last [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":62477,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,21,20],"tags":[],"class_list":["post-62476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-political-news","category-punjab"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - 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