Lucknow: Samajwadi Party president Akhilesh Yadav on Friday termed the Union Budget as 'directionless', saying it has nothing for the youth, women and farmers. The Modi 2.0 government's maiden Budget Friday hiked petrol and diesel prices, raised import duty on dozens of items and increased tax on the super-rich as it sought to spur growth through higher spending and sops for startups, housing and corporates. "The Union Budget presented in the Lok Sabha is totally directionless and aimless. It has only belied the hopes of the common people, Yadav said. "

The budget has nothing for the poor, farmers, youths ...," he said, adding that for the middle class, "it is like giving from one hand and taking from the other". The cess imposed on diesel and petrol is going to increase its price by Rs 2.50 per litre and in turn increase the rates of all commodities, he said.